Too Luxe: Out of Their Minds Edition

Apparently the people at Coach have gone and lost their minds. The above monstrosity (how about some more hardware? I think there's an inch that's free) is being sold for $20,000. $20,000!!!! I've said it before and I'll say it again until someone starts listening to me... People in the market for $20,000 bags DO NOT BUY COACH. Arghh!! And this bag's ugly sister is selling for even more. If I didn't love my new boots so much, I would retract my ode from last week. When will the folly of the overpriced handbag be over? It's ridiculous. What next? A $10,000 Le Sportsac?