Olsen Twins Design $55,000 Bags With Artist Damien Hirst

Now don't all rush to the front of the line at once. Designers Mary-Kate and Ashley Olsen have gone way over the top with their latest collection that's fit for 1%. The duo have created a set of nine limited edition bags in collaboration with English artist Damien Hirst for cool $55,000 each, just in time for the holiday season.The backpack styles are wrapped in slick black patent leather Nile crocodile and sprinkled with an unexpected flurry of dots and pills (yes, those are prescription pills). With only 12 made per style, Hirst and the Olsens plan to donate an undetermined amount directly to Unicef following the launch. If anything, the Olsens have a tendency to design pieces that sell out in an instant. The original backpack style, minus Hirst's adornments, sold for $39,000 each and flew off the shelves. Find the Damien Hirst for The Row collection at JustOneEye.com on December 12.