While he's widely known for his industrial projects, Dieter Rams has applied his Good Design principals to a handbag. The 931 was originally conceived in 1963 for the designer's wife but was never put into production. Now, 55 years later, the handbag has resurfaced as a true testament to his timeless spirit. The Tsatsas collaboration is less but better with a minimalist calf-skin leather exterior featuring a top handle and detachable shoulder strap. Its interior is lined in the brand's signature blue lamb Nappa leather and offers a zippered pocket and two small compartments. Available in black and concrete, each one is handcrafted in Germany and individually numbered.

Louis Vuitton Monogram Christmas Ornaments

Silver, gold, and signature monogram — it's not quite the same phrase Burl Ives crooned in the holiday classic, but these ornaments from Louis Vuitton prove it works just as well. The set of two is crafted from a mix of leather, canvas, and silk, and are based on the flower shapes in LV's iconic Monogram design, found on everything from wallets, to luggage, and now, Christmas trees.

Chanel No 5 Limited Edition Perfume

The most iconic fragrance of the last century is getting a special release this holiday season. Chanel No 5, complete with its legendary rectangular glass bottle and minimalist black and white label, is being offered for the first time in dark red collector's edition packaging.. Perfect for the discerning female in your life, the scent is an abstract floral bouquet brightened with citrus notes and a touch of Bourbon Vanilla.

The (Red) Diamond Ring

Designed by Jony Ive and Marc Newson and created for (Red) by the Diamond Foundry, The (Red) Diamond Ring is both a diamond and a ring. To achieve this, a massive stone will be faceted several thousand times, an unheard of number, with the interior cut out using a micrometer-thick water jet with a laser beam inside. It will be auctioned off in Miami on December 5th, with the ring made to fit the buyer — as long as they're a size 5 or smaller — and the proceeds going to benefit the HIV / AIDS-fighting nonprofit.

Chanel No. 5 Parfum Grand Extrait

Forget buying your favorite lady a bottle of perfume once a year. Chanel No. 5 Parfum Grand Extrait should last much longer than that. Measuring a formidable 7.6 oz, this jumbo-sized glass bottle of the quintessential feminine fragrance arrives in an exclusive white satin-lined, artisan-crafted case that protects the scent inside and makes for a far more impressive presentation than your typical cardboard box.

Pink Star Diamond

Compressed carbon shouldn't be this valuable. But modern humans aren't exactly known for level-headed thinking when it comes to rocks this shiny. The Pink Star Diamond, which just sold at auction to a Chinese jeweler for $71.2 million, is now the world's most expensive gemstone. The 59-carat oval diamond is the largest internally flawless pink diamond ever graded, and took two years of cutting and polishing to become the fancy jewel you see here.

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Dieter Rams 931 Handbag

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Louis Vuitton Monogram Christmas Ornaments

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Chanel No 5 Limited Edition Perfume

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The (Red) Diamond Ring

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Chanel No. 5 Parfum Grand Extrait

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Pink Star Diamond