fashion.psfk : The Most Expensive Handbag in the World?? The Most Expensive Handbag in the World?? Amanda Gore in Luxury Gadino, a Norwegian accessory company, has created a 'Limited Edition' range of handbags for 2007, on view as part of the Millionaire Fair . Made from a choice of crocodile, python or ostrich leather and set with solid white gold and diamonds, the bag retails for 30,800!! Available only on special request, the price includes the option of customising your bag with a variety of personalised charms, and the knowledge that only 50 of each design will ever be made. Not obvious bling, the bag looks relatively understated, which surely defies the point of spending such an obscene amount in the first place! Wonder how many they'll sell- after the success of the fair in Moscow, expectations are high for the opening in Shanghai in May.