Oh, and it's also US$25,000...

Sony Ericsson have released a new 'Beauty Renaissance Collection' of their SO703i handset, and as part of the promotion created a one-off, not for sale version of the handset with a panel mounted with 6 diamonds, an emerald, a sapphire, and a ruby. The promotional handset is valued at a cool 3,000,000yen (about U$25,000), however the actual handsets, which feature a crystal version of the design pictured, will go on sale for just over US$110.

Via Esato and Mobile Mentalism.