Financial Times reported that Nokia is in the early stage of selling its luxury subsidiary, Vertu. Their phones usually cost from $7,800 to $16,000. Goldman Sachs will oversee the process according to a person familiar with the matter.

The latest device from Vertu is the Constellation. It’s a Symbian device with touchscreen and a 4,400 Euro price tag. The Constellation is made with polished stainless steel, sapphire screen, and black leather. It has a 8 megapixel EDOF camera and twin LED Heptagon flash.

The company is likely to attract attention from luxury goods brands. Nokia nor Goldman Sachs have announced anything official. Financial Times has more on this story.