'Smaller than a grain of salt': LV's miniscule handbag sold for $63,000

Louis Vuitton: The bag was auctioned off for $63,750 as part of the Just Phriends sale, which took place from June 19 to June 27 at Pharrell Williams' auction house, Joopiter

Mschf, the makers of those big red boots and sneakers with blood in them, is no stranger to a contentious item release. Its latest drop, however, is not a polarising shoe: It's a handbag that takes the mini-bag trend to new heights. It's only slightly larger than a crumb.

Called the Microscopic Handbag, Mschf’s bag is made of photopolymer resin and measures 657 by 222 by 700 micrometres.

The miniature bag is modelled after Louis Vuitton's monogram OnTheGo handbag. However, Mschf reportedly did not get permission from the French house, so it’s not an official collaboration

The bag was auctioned off  for $63,750 as part of the Just Phriends sale, which took place from June 19 to June 27 at Pharrell Williams' auction house, Joopiter.

Sounds like a foolish investment, doesn't it? Perhaps knowing that the bag is more of an art piece than a wearable accessory will help. The item was released as a statement on luxury bags and the lengths people will go to wear them (whether they are huge or mini versions).

"As a once-functional object like a handbag becomes smaller and smaller, its object status becomes steadily more abstracted until it is purely a brand signifier," the brand explained in a press release.

“Previous small leather handbags have still required a hand to carry them—they become dysfunctional, inconveniencing their wearer," it added.

Mschf, which was founded in 2016, has made headlines for its "drops," irreverent art projects that frequently mock — while profiting from — consumer capitalism. The group was infamously sued by Nike over its “Satan Shoes,” a series of 666 pairs of modified Nike sneakers featuring satanic symbols and drops of real human blood. The dispute was eventually settled out of court.