The most expensive mobile phone in the world - costing more than £500,000 - is being made in Austria.

The phone, designed by luxury accessories maker Peter Aloisson, has sections of pure gold as well as 2,950 blue diamonds embedded into the cover. 

Aloisson has for the past few years been taking existing phones and customising them with jewels and precious metals.

"I knew that mobile phones would become part of daily life, and as with all things that are part of daily life, such as watches or tie pins, there should be luxury versions of them," he told CNN.

Aloisson currently produces about three phones per year, depending on orders from his celebrity and wealthy clients, mostly retailing for about £20,000.

The new phone is a special order for a German manufacturer.

"It will feature solid gold parts with an exterior covered with 2,950 natural blue diamonds, some of the rarest jewels on Earth," he said.

Although the phone is being constructed for marketing purposes, it will eventually be sold off.

I think the most expensive one at the moment is close to that price or there about, made of platinum, some peeps in lagos have it, thats crazy but you be suprised the functions would be messed up.

iice:

well the price is all about the presentation and looks and am guessing not so much on functions, but my own dey receive n send txt, it dey call n receive call and i fit play ma games on am thats all i need,

Yes ooo thats all u need, some peeps gets phones just to impress

nokia actually has a subsidiary based in the UK called VERTU (www.vertu.com) which makes luxury phones. i saw one  - the platinum model - that goes for over $30,000. it has a scratch-resistant screen and can be upgraded with new chips as technology advances. the phones are actually crafted like wristwatches. for instance, each key has jewelled bearings underneath it!

i believe the phones are not practical though. everyone around you would want to steal it. u could lose it too.

The Vertu is a lifestyle phone. It has a porter service that you can ring up 24/7 to ask them to get you something, the materials they use are the same as those found on space shuttles. It's the sort of thing you buy when you have everything else you could possibly need in your life.

If you paid that much money for a phone be sure that you'd have some serious insurance on it. Who cares if it was lost or stolen, heck i'd "lose" mine every few months just to get a new one,

hehe

Schweppes. na the same ear and mouth u put for the cheapest phone u go still put for the one wey get all this efizzi? right. So i no really dey ino such thing

@ izzo u cant de into such thing.Its made 4 a particular kind of people!

Can you please post the picture and lets see

Here it is. And it isn't first one, the first one was out last summer. I saw it in a Jewellery store on oxford street

Well i see nothing special buying or having the most costly phone. tell me is it not the same hello u say on that most cheapest phone you will say on that?

It a waist  of money buying the most costly phone. If you think you have enough money and you don't know what to spend it on just contact the Red Cross sociaty the will help you spend it.

we all know there are some set of people who have too much money and do funny things nways!
thats y there is a $200 car and a $2000000 one.They all drive on same roads.
wrist watches too say exactly the same time but some cost fortunes so thats life guys!

Don't talk too much cos u might do the same if u were in some shoes!
I know its crazy for sure but some people are!

Why do people pay so much 4 diamonds!
Y fly 1st class ticket when if a plane crashes everyone dies? Sing another song somebody!

Some will not buy it no matter how rich they are.

of course!thats why people r different!
Not everyone is crazy!Said it earlier!