Gold-plated bicycle on sale for £250,000

Gold-plated bicycle on sale for £250,000. Photo/BANG

What you need to know:

  • Luxury goods company Goldgenie.com are selling a 24-carat gold-plated bicycle online, complete with diamond adornments.

A gold-plated bicycle is being sold online for £250,000 by luxury goods company Goldgenie.com.

Luxury goods company Goldgenie.com are selling a 24-carat gold-plated bicycle online, complete with diamond adornments.

The London based "gold customisation specialists" typically embellish smart-phone and tablet cases, but have coated an entire full-sized men's racing bicycle in gold, including the handlebars and every single ridge of the gear chain.

The bicycle also features a limited edition San Marco suede saddle and SR4 racing tyres.

The bicycle is being promoted under the website's 'Gifts for Him' Christmas range.

For those on a more limited budget, other suggested gift products on the website include a gold falcon sculpture, measuring 70cm high, on sale for £7500.

The price of the bicycle beats out the cost of buying a Ferrari, and is also £60,000 higher than the average cost in November of buying a house in the UK.