Aurumania Gold Bike Crystal (limited edition) is the world’s most expensive bike, which costs $114,464.

Scandinavian design company Aurumania made only 10 of these hand-crafted, 24-carat gold-plated bicycles. Each is decorated with 600 Swarovski crystals.

According to Chief Executive Bo Franch-M rkedahl, this bike was originally conceived as a show piece but quickly attracted interest from buyers. The firm, founded in September 2008, has sold five units to buyers in the U.K., Dubai, Russia, Italy, and most recently, Australia. He adds that four of the clients also bought a matching gold-plated wall rack.