Austrian designer and jeweler Peter Aloisson left us tight-lipped when he rolled out the $176,400 Princess Plus iPhone and now, he is back with yet another stunning creation. The new Apple iPhone 3G “Kings Button” is made of solid 18 carat yellow gold, white gold and rose gold. The white gold line is encrusted with a total of 138 brilliant cut diamonds of the best quality. But the most prominent feature of this one-of-a-kind phone is its home button that features a rare 6.6 carat diamond. The Kings Button iPhone exudes luxury from every nook and corner. This stunning diamond-encrusted iPhone comes for a whopping €1,790,000 (US $2,517,345), much more than the Princess Plus. For the price, it steals the crown of the world’s most expensive iPhone. Now tell me, what the heck is this credit crunch? Check it out here.