11 Insanely Expensive Gift Ideas

'Tis the season for giving, and what better way to show your appreciation for someone then to bestow them with an absurdly lavish gift, presuming you are nestled high up into the 1%. Here are 11 of the most ludicrously expensive gift ideas, courtesy of Time:

• Pacifier, $17,000: Your baby will reign as the queen of daycare with this BabyWit pacifier, which is bejeweled with 14-karat gold and studded with diamonds.
• Space flight, $200,000: Send a friend on an extraterrestrial vacation via Virgin Galactic. The maiden flight is set for 2013.
• Diamond dog collar, $3.2 million: Adorn your pooch with this crocodile leather collar featuring 52 karats of 1,600 hand-set diamonds, from I Love Dogs.
• Personal submarine, $2 million: Celebrate the holidays 1,000 feet underwater in this miniature sub from Hammacher

• Schlemmer.

Check out the rest here. (More Christmas gifts stories.)