Prada is selling a paperclip for £140 and Twitter is outraged

“That is the level of extra I strive to be”

The paperclip is made from sterling silver and measures 6cm long

Following the news that Balenciaga managed to launch a sell-out carrier bag for a whopping £850, Prada is the next label to join in on selling us extravagant things we never knew we needed

Sold at Barneys.com, the Italian design house has launched a fancy version of a paperclip that will set you back £140 - and Twitter has reacted as you would expect.

Made from polished sterling silver, the common office supply is actually designed to clip your money together.

Marketed as a Paperclip-shaped Money Clip, it measures at just 6cm in length with the only design feature being a small ‘Prada’ logo embossed on the side.

Unsurprisingly, shoppers are finding it hard to justify the extreme price point.

“$185 for a paperclip? This thing better be able to hold my life together,” one user wrote.

Another added, “By the time I buy the paperclip, there won't be enough for it to hold.”

Others commented on the fact that they would like to be in the financial position where they could afford to spend such an extravagant amount of money on a paperclip.

“Prada made a $185 paperclip, that is the level of extra I strive to be,” someone wrote.

However, if you’re falling short after forking out on that Balenciaga bag, never fear because Barneys is also selling a cheaper version for a bargain £117.