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5 luxe limited editions

These days carrying a Gucci bag doesn't mean you're unique -- or even special. As luxury has gone mass market, retailers are getting creative and ginning up one-of-a-kind items that recapture exclusivity.

Chanel J12 with blue sapphires
Chanel J12 with blue sapphires
$195,000

Chanel's ceramic J12 watch, easily identified by a $3,950 flash of white, has appeared on the wrists of countless celebrities since the popular timepiece launched in 2000.

Now the company is winding it up a notch with a jaw-dropping one-of-a-kind version that's blanketed in blue-sapphires. This unique watch was made specifically to celebrate the reopening of Chanel's Beverly Hills Boutique, and is only available at the California store. Even though there's only one watch, there are 46 sapphires - totaling 5.4 carats - and 18 karat white gold details.

Chanel J12

Louis Vuitton bag

Hennessy cognac

Harry Winston tiara

Cartier watch
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