Must Have: Million Dollar iPhone 5

PHOTO: This $1 million iPhone 5 is available from Alchemist London. There are only two in the world for sale.

You totally need this iPhone.

But you'll have to act fast because there's only two of these million-dollar iPhone 5s in the world.

Oh, you don't have a cool million lying around? Shame. It's really quite a looker.

PHOTO: This $1 million iPhone 5 is available from Alchemist London. There are only two in the world for sale.
Ferrari Press Agency
PHOTO: This $1 million iPhone 5 is available from Alchemist London. There are only two in the world for sale.

The phone -- created by jewelry company Alchemist London -- specializes in adding designer gold and jeweled cases to laptop computers, tablets and smart phones. It claims this is the "world's most expensive iPhone," but what about that $15 million iPhone created last year?

World's most expensive or not, it is the pinnacle of luxury. The handset has a bezel handmade from 24-carat-gold and features 700 individual "flawless" VVS diamonds, totaling over seven carats. The rear panel is made from 24-carat-gold, with 53 diamonds adorning the Apple logo and the main navigation button is hand crafted from 24-carat-gold and in the center is a single-cut, "simply stunning" two-carat diamond.

PHOTO: This $1 million iPhone 5 is available from Alchemist London. There are only two in the world for sale.
Ferrari Press Agency
PHOTO: This $1 million iPhone 5 is available from Alchemist London. There are only two in the world for sale.

Prospective buyers being asked to formally register their interest on either of the company's two websites, the-million-dollar-iphone.com and gold-alchemist.com.

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