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The Olsen Twins Selling $55,000 Handbag

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The Olsen Twins have really outdone themselves.

Mary-Kate and Ashley Olsen somehow found a way to top their ridiculously-priced (but completely sold out) $39,000 handbag -- by releasing a line of new ones retailing for $55,000!

Starting December 12, nine limited edition handbags from the Olsens' fashion line The Row will go on sale online and they'll all cost you more than a pretty penny.

The bags, created by artist Damien Hirst, are covered in prescription pills and made from black patent leather Nile crodocile skin. Only 12 of each bag will be made.

And while the price is INSANE, a portion of the proceeds will be donated to UNICEF. No word on how much, exactly.

The pill appliqués are definitely controversial, as they seem to glamorize drug use.

Making the artistic decision even more odd is the knowledge that Mary-Kate Olsen's friend, Heath Ledger, died of an accidental overdose of prescription drugs including painkillers, sleeping pills and anti-anxiety medication.

What do you think of the bags? And, more importantly, do you know anyone who would buy one?

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