For $104,000 you could buy a one-bedroom flat in Victoria Beckham’s home town of Harlow in Essex and still have $13,000 left over.
But for fashionista Victoria that is simply the cost of her newest handbag - a designer Birkin bag studded with hundreds of diamonds.
The silver Himalayan was Victoria’s Christmas present from husband David and cost the footballer nearly a week’s worth of his wages at AC Milan.
As the rest of the world draws in its belts and tries to ride out the recession it appears that the Beckham’s are feeling more extravagant than ever.
Victoria showed off her new piece of kit, one of only three in the world, as Beckham made his debut for the club in Dubai.
The 34-year-old former Spice Girl is said to be ‘delighted’ with the bag, which features a three-carat diamond on the lock.
A source told The Sun: ‘It’s not as easy as everyone would think for David buying his wife a present every year, she is the woman with everything.’
‘But David knows the French fashion house is her favourite and he sorted the gift in Los Angeles from one of the few powerful fashion buyers who could get one.’
The waiting list for a Hilmalayan like Victoria’s has closed, with those already on it having to wait four years.