Your eyes are not playing games with you, yes, there is a $500,000 fragrance, and it has been launched by Victoria's Secret.  It was designed to be gawked at in its "Christmas Dreams and Fantasies" catalog, not mass produced. 

Photo: Victoria's Secret

The dreamy bottle is filled with VS Beauty's Bombshell eau de parfum, adorned with white, pink and yellow diamons, sapphires, and rubies.  If that doesn't sound luxurious enough, the bottle also features a 10 carat white diamond, and a one of a kind hand carved tourmaline butterfly. WOW! The bottle was designed by London Jewelers and is actually part of a gift set that includes the retailers $2.5 million Fantasy bra and belt, naturally, they do go hand in hand! 

So what does it smell like? Exactly like VS Bombshell eau de parfum, a fresh scent with top notes of tangelo, pineapple, strawberry, and purple passion fruit.  Middle notes include jasmine, red berries, muguet, Shangri-la peony, vanilla orchid, and the n base notes include musk, blonde woods, and oakmoss! 
Stay tuned, as all of these goodies will flaunted on the runway during Victoria's Secret runway show on December 4th!