12 – Diamond-Encrusted iPhone 5 - $15.3 Million
Last but not least, there are two glaring problems with this particular entry at a whopping $15.3 million. First of all, everyone knows that all new iPhones become yesterday’s news by the same time next year, meaning that blowing even $1,000 on one is a questionable move. Secondly, when you pepper an iPhone 5 with 600 flawless diamonds, replace its body with solid gold and use a 26 carat black diamond as its home button, it ends up looking like a fake. Well, that or a normal iPhone 5 with a super-tacky case picked up for £2.99 from the local market.
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