If you thought your iPod Nano was expensive, think again. Alex Shnaider, a Russian-Canadian millionaire placed an order for the company to develop the most expensive MP3 player ever.

The idea came when he was trying to achieve a deal with TrekStor’s CEO because he became so excited with it’s features. Now he intends to sell it in an auction to benefit cancer research.

The casing of the organix is cast in 750 gold (18 karat) and adorned with 63 diamonds (one-karat). The player is also embellished with a small chain that includes aquamarine gems. Jewelers Wenthe in Mannheim/Germany (www.einszweidreigold.de) put over 100 hours of pains-taking handiwork into the exquisite gadget.

We may find this funny or surprising today. But I wouldn’t be too surprised if in the future gadget companies started developing jeweled devices.

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