The 9 AM Coffee Cup clutch will set you back a cool $AU 8,500 ($US $5,750).
The bag is made out of calfskin leather that is crafted to look like an insulated single-use coffee cup, debossed with the Balenciaga Paris logo on the front.
It also sports a hinged clasp and snap button and measures about 7.3 inches by 4.3 inches (18.5 cm by 10.92cm).
For nearly $9,000, you would hope it would at least fit your phone in it. But maybe rich people don’t need their phones on them at all times. I wouldn’t know.
If we go off my usual coffee order of a large soy cappuccino with an extra shot, which costs me $7 at my local coffee shop, that would cost me about 1,215 coffees to buy that bag.
But if you have ye olde flat white without alternative milk, which is about $5, that would be 1,700 coffees before you would be able to afford the luxury accessory.
Even if you like to splash the cash and buy a takeaway coffee every single day, it would still take you over four and a half years roughly to save up that sorta money. Is this why Millennials can’t afford homes?
The supposed clutch is a replica of their porcelain coffee cup, which you can snag for $AU 165.
Lauren Sanchez, the fiancé of Amazon billionaire Jeff Bezos, was seen carrying the luxury clutch ahead of the couple’s nuptials, who were rumoured to be in Venice in June.
Naturally, the exorbitantly-priced accessory elicited a strong reaction from the internet.
“This brand just keeps digging itself deeper and deeper into ridicule,” one Reddit user wrote.
“I would accidentally throw it away. There are many other ways to throw away $6,000,” another wrote.
“This is beyond stupid. Doesn’t even come with a strap—literally a cup/bag?!” another added.
This is not the first time Balenciaga has released a kooky accessory.
In 2024, the brand released a bag that looks like a packet of chips for $AU 2,900.
They even released an IKEA bag knockoff back in 2017 that cost over $2,000.