Is it a cell phone, or is a fabulous piece of diamond jewelry? As if the iPhone wasn’t a desirable enough item, causing fans to queue up every time a new model is launched, Liverpool luxury retailer Stuart Huges is now selling a limited-edition diamond-studded iPhone 4.0.

 
The 50 phones in the iPhone 4 Diamond Edition glitter not only with the halo associated with Apple products, but with 6.5 carats of individually-set diamonds. The phone's case is solid platinum and the Apple logo is rendered in – what else –  diamonds. The phones retail for $20,000 each.
 
If users can tear their eyes off the diamond bling for long enough to consider the phone's specs, they might be interested to know that the iPhone in question is the 32GB model and leaves the factory unlocked - which means that the jet-setting phone fans cans use their iDiamonds anywhere in the world.
 
Just to sweeten the deal, the diamond-encrusted iPhone 4 comes with a handcrafted wallet of Ostrich foot. 

The iPhone 4 Diamond Edition is truly a paradigm of fine diamond jewelry design meeting technology. Although one does wonder what will happen when it's time to upgrade to a new model phone. Will jewelers or diamond dealers offer trade-ins?
 
Is the diamond-studded iPhone the new must-have accessory? Would you buy one? Leave your comments below.

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