Cupcakes Gourmet, a Philadelphia-area "couture cupcake shop," is selling a $55,000 red velvet cupcake. The new Sparkling Red Velvet Cupcake features an eight-carat diamond engagement ring from Warwick Jewelers, based in nearby Exton, Pa.
The very special cupcake will be available for year-round order. And cheaper smaller variations of the Sparkling Red Velvet Cupcake are available year round, starting at a carat and a half.


