Is this the most expensive bike in the world?

Decadence has a new name: Golden fat bike will set you back £600,000
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Hot on the heels of the gold bike spotted at the Bespoked handmade bicycle show, it seems there is another gold bike out there, this time available for a mere $1,000,000 (approximately £593,683), which is a touch higher than the UK's average price of a bicycle.

The 'Beverly Hills Edition' is a mountain bike (though we guess you won't see it on the trails soon) and is made of 24k pure gold. Created by the 'House of Solid Gold', this fat bike is one of 13 in the world, has an alligator customised saddle, gold covered water bottle and boasts a 'House of Solid Gold logo, embellished with over 600 black diamonds (6.0 carats in total) and 500 'gold sapphires' (4.5 carats). 

If the £600k asking price is a little rich for your taste, the bike seen at Bespoked was a shade cheaper at €36,000 (approx £29,641). So that's all good then.

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The House of Solid Gold's bike is only available online, but the company will deliver and unpack the bike anywhere in the world via its 'white glove service'.

House of Solid Gold’s founder Hugh Power worked with Dan Bull, founder of the fat bike centric "Iditabike" extreme race through Alaska in the winter, to put the bike together.

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Over 750 hours of work went into creating the bike, coated in the USA using electroplating.

If all this decadence is making you wince, you may be pleased to hear that 90 per cent or more of the proceeds from the sale of the golden bicycle will go to 'The Way to Happiness Foundation International', which is a global non-profit, non-religious charitable organisation whose aim is "to reverse the moral decay of society by restoring trust and honesty the world over through the publication and widespread distribution of 'The Way to Happiness' booklet, a common sense guide to better living".

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Hat-tip: Yahoo.

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