Louis Vuitton creates an exclusive bag collection for Miami Basel

To celebrate Art Basel Miami Beach, fashion brand Louis Vuitton has created a limited edition range of one-off luxury handbags.

The bags, which are exclusive to Louis Vuitton's Miami Design District store, are being displayed like custom works of art in a specially-designed foliage installation.

Louis Vuitton clients can choose from 25 different colors and six shapes in crocodile, including the popular Louis Vuitton bag shape, The Milla.

Also on display in the store is Louis Vuitton's limited edition range of furniture, including chairs that flatten completely and luxurious velvet sofas.

The collection is in Miami until December 9, with bags starting at $4,000, and going up to $50,000.

Now that's what we call an investment piece.