Peter Aloisson is not a new man on the circuit for churning out blinged phones for the filthy rich people. This time he chooses an already expensive Nokia 8800 Arte phone to show off his creativity. The phone is studded with more than 680 pink and white diamonds (21.5 carats) all over the phone and also features exclusive designer ringtones and wallpaper content. Peter has priced this creation for 85000 Euros ($132,670).

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[Via luxurylaunches]