Think your iPhone cover is expensive because it costs ₹1,000? There is a new benchmark in town, and it comes with a price tag of ₹18,500.

Eterno India is selling a ‘Silver Phone Case (Mobile Cover) - OG Elephant’ for ₹18,500 on its website.

And this isn't just another fancy-looking silicone or leather case. The cover is crafted from hallmarked 92.5 fine silver and features the brand's signature elephant motif.

The case is customisable for several phone models, including the iPhone 17, iPhone 17 Air, iPhone 17 Pro and iPhone 17 Max, according to the product listing.

The website describes the cover as a handcrafted accessory that combines ‘luxury with functionality’.

It is also made to order, because apparently even your phone cover deserves a little bespoke treatment.

At ₹18,500, the accessory costs several times more than the standard protective cases most smartphone users buy.

For anyone who has ever complained about spending ₹500 on a phone cover, this one may come as a rather expensive reality check.

So, is it just a phone cover? Technically, yes. But when the cover itself is made of 92.5 silver and costs ₹18,500, calling it a ‘phone cover’ suddenly feels a little too ordinary.

The price listed on Eterno India's website is ₹18,500, inclusive of tax, with shipping calculated separately at checkout.

At ₹18,500, the price of the iPhone back cover could alternatively go towards:

  • PPF: A contribution towards a long-term, government-backed savings option currently offering 7.1% annual interest.
  • NPS: A contribution to a market-linked retirement savings account.
  • Post Office RD: Enough to cover multiple monthly instalments in the government-backed recurring deposit scheme.
  • Gold: At current rates, ₹18,500 is roughly equivalent to 1.2 grams of 24K gold, before taxes and other purchase costs.
  • Mutual funds: The amount could also be invested as a lump sum in a mutual fund, though returns are market-linked and not guaranteed.