How much would you pay for a phone with Bluetooth, integrated 2-megapixel camera with flash, and MP3 playback capabilities? I know such phones are standard fare these days and often offered as free upgrades when extending your cell phone contract, but let's say this new phone was given an "ultra limited edition" label and only 100 of them were being made.

If you guessed 550 euros (about $870), then you're obviously in cahoots with chic Parisian retailer Colette, who's got exclusive dibs on Levi's new Red Tab phone. Think $870 is too much to pay for mediocre features and winged skull etching? Then you must not know about the metal chain and carrying case packed into the "premium" presentation box along with the phone. Mm-hmm. That's where the extra $800 is.

Via Luxury Launches.