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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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.