If your child is really into diamonds, dare her to "dream big" with this Stefano Canturi designed Barbie. The necklace is made of real pink diamonds, and was auctioned off by Christies for a little over $272,000.
This is no ordinary playhouse, this is a little real estate mogul playhouse. With an easy-bake kitchen and room for tea parties, no wonder this kids play house cost more than $35,000. Did I mention there was running water, a working fridge and air-con? PICS: Prince Charles and Lady Diana through pictures
This dollhouse is only for the rich and famous. The Emerson House is a mini-masterpiece modelled after the famed Kaufman house in Palm Springs. We hope that the child who gets this is interested in architecture.RECIPES: Winning winter dishes
Designed for a three year old with the dreams of becoming the next Beethoven, this miniature piano and bench by Schoenhut will set parents back $300.
What kid would want a regular colouring book when you can get a $122 Hermes one. Im sure Rachel Zoe and Victoria Beckham have put them on back order. GALLERY: 10 foods you should never eat again
This $4400 life-size Barbie foosball table is for sale at FAO Schwarz. Created by French designer Chloe Ruchon, the iconic doll replaces classic soccer figurines fostering motor skill development and an early exposure to toys as 'art'.
After he's mastered his three wheeler, he can graduate to this $320 custom motorbike with working headlight and rubber traction strips.
Before your child can ride a bike, teach him the value of gold with this 24-carat take on the classic three-wheeler by Wisa Gloria. It will only put you back $510. PICS: Celebs most regrettable tattoos
6 Volt Ride On Car -BMW 335i Cabrio. That's stupid-rich-speak for toy car. Kids, aged 3 to 5, will love this $1200 electric four-wheeler, with deep-injected high gloss paint, adjustable seating and forward and reverse gears.GALLERY: 10 ways to know he is not 'the one'
Say your child asks for an elephant, and you can't export one from Kenya without refurbishing your estate's wildlife reservation. What do you do? Throw down a $900 for this stuffed fabric creature, designed to look almost exactly like the real thing.
By the time your child turns 8, he'll be old enough for this two seater Junior Corvette. This custom-order toy is basically a small car that's legally acceptable for kids to drive. It will set you back a cool $29,000. GALLERY: the 10 weirdest triggers of depression