Last year, we couldn't resist covering the release of the 3.2 million diamond-encrusted iPhone 3GS Supreme. Designer Stuart Hughes of Liverpool, England is the mastermind of the bejeweled iPhones and the promoter-in-chief of these iDevices fit for kings and queens. As you might imagine, however, there weren't a lot of interested buyers willing to cough up three million for a smartphone. So what has Hughes done with the new iPhone 4? Well, he's made a diamond-encrusted 4th generation iPhone that is "more affordable" than his last offering.

Meet the iPhone 4 Diamond Edition. Adorned with diamonds, the device will only cost you roughly twenty grand. In other words, you might as well get two. So what do you get for this "amazing deal," you ask? Well, the surrounding frame, for starters, is encrusted with circa 6.5cts of top quality VVS , color 'F' diamonds, individually set sparkling gems. The rear section - perhaps the most important part of this thing - houses "beautiful solid Platinum and Diamond Apple logo."



To sweeten the deal, the white, unlocked iPhone 4 comes with a leather wallet that, according to Hughes, is fashioned from a “real Ostrich foot.” Wow, this keeps getting better by the minute, doesn't it? Of course, if you want one, you better act fast. Hughes is only making available fifty of them. The 32GB white model of the iPhone 4 Diamond Edition is already on sale, with plenty of time remaining before the holiday shopping season arrives.

Images via Stuart Hughes