Freakonomics!

  

CAN YOU HEAR ME BLING?

Many of us own cell phones. They range in price from inexpensive to iPhone price (about $400.00, last I checked).
Yet some of us just can't have a phone that is just a cell phone (or a smart phone, or a Blackberry, etc.); it must be so much more that it has to be custom-made.

Enter in an Australian businessman, a regular iPhone 3G and designer Stuart Hughes - and you get this:

The World's Most Expensive Phone.

Called the iPhone 3GS (S meaning "Supreme" - woohoo), it contains over 200 diamonds, and the case is made of 22-carat gold. The navigation button is a rare 7-carat diamond that took nearly a year to procure.

How much did it cost? Hughes paid about 3.2 million dollars to put this thing together, which may or may not include the cost of the phone.

One wonders if they were blood diamonds...which leads us to a horribly revealing new list - after the jump.