Chanel Limited Edition Bicycle $12,000

The Chanel limited edition bike has been created by Karl Lagerfeldas to be part of Chanel’s spring/summer 2008 offering to celebrate the heritage of the house, which is steeped in Coco Chanel‘s love of sport. Exclusively hand-crafted, it is bedecked with Chanel’s signature quilted leather and double-C logo as well as a utility saddle bag. Weighing about 16.5 kilos, it comes with an attached 8-speed gear. It is available in Chanel boutiques, priced approximately $12,000. Courtney Cox already bought this bike as a gift to her best friend, Jennifer Aniston, because Jennifer thinks cycling is such a good excercise.