First unveiled in Tokyo during a fashion show in June 2007, the diamond-encrusted platinum handbag will go on display at jewellery shops around London to mark the inaugural London Jewellery Week which runs from 11-15 June, celebrating the work of established designers as well as new talent.

Valued at £1m ($2 million dollar) and created by Japanese designer Ginza Tanaka, the bag has been set with more than 2,182 diamonds totaling 208 carats.

The organisers of the event say the handbag will be available for sale.

Its diamond shoulder strap can be detached and worn as a necklace or a bracelet, while the 8-carat pear-shaped diamond centrepiece surrounded by a cluster of eighty-one smaller diamonds can be taken off and worn as a brooch.

The locations where the handbag will go on display will not be disclosed in advance for security reasons – Source : BBC.