The Five Most Expensive Barbie Dolls in History

4. Lorraine Schwartz Barbie – $7,500

The fourth most expensive Barbie doll is the Lorraine Schwartz Barbie. This extra special edition has only been around for 8 years as it was produced in 2010, but it’s not as much the age of the doll that makes it so valuable. It’s the fact that it’s the unique design of famed designer Lorraine Schwartz, combined with the jewelry that Barbie is wearing. There is a tiny diamond letter “B” that is encrusted on the waist of this Barbie. That’s right! They’re real diamonds. In addition to this, Schwartz has designed clothing for Beyonce, Jennifer Lopez and other A list celebrities. If you have one of these lying around, one of these red haired Barbie dolls sold at an auction for $7,500.