Cate Adair, the Emmy-nominated and award-winning costume designer for Desperate Housewives, has collaborated with Kwiat, the 101-year old luxury jewelry and diamond company, to create the ultimate accessory, the “Platinum Clutch.”

The one-of-a-kind purse, valued at more than $500,000 debut at the Platinum Guild International (PGI-USA) Annual Emmy Awards Red Carpet Jewelry Preview that took place September 18-20, in Beverly Hills.

The bag features genuine pure Platinum design elements set with 60 carats of Kwiat diamonds, in honor of the 60th Annual Primetime Emmy Awards.

Those of us living in New York can check it out at Kwiat’s new store on Madison Avenue.

Not quite as pricey as the $2 million diamond bag but still pretty impressive !