Upscale retailer Neiman Marcus unveiled the 85th edition of its Christmas Book Tuesday, with nine “fantasy gifts” ranging in price from $5,000 to $1 million.

The 2011 Christmas Book features an Assouline custom-built library, a “Dream Folly” opulent customized yurt, a Neiman Marcus-edition Hacker-Craft speedboat and a table-tennis table that doubles as a contemporary work of art.

This year’s featured car is the Ferrari FF, bespoke for Neiman Marcus. The catalog offers 10 of the Ferraris with four-wheel drive in the silver-gray color “grigio caldo”.

Purchase of the exclusive 2012 Ferrari FF Neiman Marcus Edition will also enroll the owner in the 2012 Ferrari Winter Driving Experience in Aspen, Colorado.

The “His & Hers” fantasy gift tradition continues this year with a pair of dancing fountains from WET, the company behind the world’s most famous fountains.

The most expensive item is the His & Hers dancing fountains from fountain designers WET for $1 million.The least expensive is a $25 dollar paperweight.

Neiman Marcus has been actually striving since the recession to include more affordable items. This year half of the 600 items are priced under $250.

The Christmas Book will be sent to over 1 million homes in the U.S. and around the world. You can also buy a copy for $15 by calling 800-NEIMANS (634-6267).

The Neiman Marcus’s website features the entire Christmas Book. You can also download the iPad “NM Editions” app.

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