Fantasy Bra Costing $2.5 Million Unveiled By Victoria's Secret

It's that time of the year, ladies -- time to gawk and gape at a bra that costs $2.5 million and wonder just who is going to wear the darn thing.

Well, besides a Victoria's Secret Angel. The $2.5 million Fantasy Bra has become a Victoria's Secret institution, modeled by a select Angel each year in the closing moments of the annual Victoria's Secret Fashion Show. This year Alessandra Ambrosio is doing the honors, so she was out and about today to unveil the jewel-encrusted piece on "Good Morning America" and a formal Victoria's Secret event.

So what does the bra look like this year? For 2012 there's a floral theme, with amethysts, sapphires, rubies and white, pink and yellow diamonds arranged in the shapes of flowers and green stems. There's 5,200 precious stones in total, including a giant diamond flower dangling from the center and a matching "belt" (let's call it a belly chain).

So not your average bra-and-panty set.

Ambrosio was selected to wear the bra after 11 years as an Angel and she follows in the footsteps of Karolina Kurkova, Heidi Klum, Tyra Banks, Adriana Lima and most recently Miranda Kerr.

And with that, here it is!