I have never seen a cellphone worth $310,000, yet that is what Vertu is trying to sell its Signature Cobra phone for. The phone has nothing cool or interesting listed feature wise, and the only real reason for the price is all the jewels that adorn the phone.

The phone is covered by a gold cobra that is crusted with one pear cut diamond, one round diamond, two emeralds eyes and 439 rubies. Personally, I would be afraid to carry the thing around as I am prone to leave my phone wherever I happen to be standing.
Vertu is apparently an independently run and fully owned subsidiary of Nokia. Only eight orders will be taken and 26 Signature Cobras will be made, which I take to mean only eight can order but they can buy several phones each if they desire. Photo and story via Slashphone.