We have seen a few diamond encrusted iPhone’s , but none as expensive as the iPhone 3G ‘Kings Button’.

This crazy 3G iPhone is the creation of Austrian Jeweller Peter Aloisson, and it features a diamond encrusted bezel, white and yellow gold, and total of 138 brilliant cut diamonds.

If you want one, then your are going to need a cool 2.5 million US dollars, check out the size of that diamond where the iPhone’s home button is.

Product Page via Craziest Gadgets

Latest iPhone News