Gresso adorns iPhone 7 with gold, titanium & black diamonds for $500,000

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Squarely targeting the money-is-no-object market, iPhone modifier Gresso has debuted the iPhone 7 Black Diamond collection, boasting multiple 18 karat gold embellishments and 104 karats of black diamonds encrusted on the collection's back panel —  with matching AirPods to boot.

Only three of the "Lux" model will be produced. It entails a 256GB iPhone 7 back panel encrusted in 1,450 black diamonds, a body crafted from grade-5 titanium, a camera frame made from 10 grams of 18 karat gold, and individualized engraving.

The Lux iPhone 7 will retail for $500,000.

For the less wealthy seeking an iPhone 7 Plus, Gresso has more affordable adornments available. Gresso's iPhone 7 and iPhone 7 Plus models are crafted from some of the same premium materials as the Lix, including grade-5 titanium, 18 karat gold inlay, and diamond embellishments, and only 999 will be constructed.

The Gresso iPhone 7, and iPhone 7 Plus collections retail at $3,000 and up.

Buyers won't have to break the bank on delivery, however: The company offers free 2-5 day shipping worldwide with any purchase.