Would you pay $12,500 for this Chanel grocery BASKET?

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Made from brass and covered with calfskin, the basket is part of Chanel. Made from brass and covered with calfskin, the basket is part of Chanel's autumn/winter 2014 accessories collection, which was shown at Paris Fashion Week in March.

Grocery shopping just got decidedly more chic – if you have a spare $12,500 that is.

Chanel Launches $12,500 Shopping Basket

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering

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Crazy Chanel Bag Price Hikes: Is It Worth The Investment? #chanel

Goodbye bag hooks, hello purse stools: restaurants from fine dining to casual steakhouses are all adding companion seats for guests’ bags – with writers at And Just Like That… and Emily in Paris riffing on the trend

Why are restaurants adding tiny seats for luxury handbags? Once a fine dining novelty, even casual eateries are adopting purse furniture – from US12,5000 Hermès' Pippa stools to hand-woven baskets

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Sold at Auction: Chanel - a quilted Grand shopping tote in black caviar leather, circa 2011, 'CC' stitched logo on the front, slip pocket at the back, silver-toned hardware, leather and chain

BOTTEGA VENETA Candy Cassette Cranberry Pink Mini Crossbody Bag $1250 NEW

At Auction: A CHANEL CC DELIVERY TOTE BAG. EXTERIOR SLIP POCKET, 2X INTERIOR SLIP POCKETS, ONE INTERIOR ZIP POCKET. MADE FROM CALF SKIN, SILVER TONE HARDWARE. PLEASE SEE PHOTOS FOR CONDITION. 36X28X15CM