See Victoria's Secret $10 million Royal Fantasy Bra

Victoria's Secret unveiled the 2013 Fantasy Bra Wednesday, the latest in the company's yearly release of the multi-million dollar undergarment.

Model Candice Swanopoel will be the lucky 'Angel' at this year's Victoria's Secret Fashion Show, which tapes in late November and will air Dec. 10. Swanopoel joins a long list of famous Angels to wear the Fantasy Bra since Claudia Schiffer started it all in 1996.

Victoria's Secret  said the $10 million bra was made by London Jewelers. Newsday reports the cost is up sharply from last year's $2.5 million version "thanks to a 52-karat ruby centerpiece, an 18-karat gold base and plenty of diamonds and yellow sapphires for good measure."