Alexander Wang to release tasteless $5K bedazzled purse that looks like a stack of cash

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What happens when two American designers start running out of ideas to appeal to wealthy fashionistas? A bedazzled, $5,000 handbag that is modeled after a roll of 100 dollar bills.

Judith Leiber is teaming up with Alexander Wang to release this new statement piece in November and it will sell for a whopping $4,995 – not to mention that there will only be 20 made.

While the exclusivity of this item may appeal to lovers of limited-edition fashion, why on earth would someone want to wear a rolled up stack of money as an accessory?

What a gauche waste of actual cash.

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The purse’s money-green surface is covered in colored Swarovski crystals, proving once again that beautiful things can be wasted on people with too much money.

So many affluent label chasers can wear their income so well – why scream “I have money” with a permanent (unusable) roll of cash hung on a string by your side? [T&C]