Is this the world's most expensive paper clip?

Would you fork out $254 for this paperclip? Photo / Barneys

Italian design house Prada has been mercilessly mocked by Twitter users for selling a "paper clip" for $NZ254.

According to the Daily Mail, the polished sterling silver money clip is currently on sale in Barney's New York, marketed as a Paperclip-Shaped Money Clip.

At just 6cm in length and with the only design features being a small Prada logo embossed on the side, shoppers have found it hard to justify the price.

Many took to Twitter to share their outrage over the high cost with many failing to grasp why it cost any more than a regular paperclip.

By the time I buy the paperclip, there won't be enough for it to hold 😭

— chey♡ (@Being_cmarie) June 22, 2017

This Prada paperclip costs $185 https://t.co/bHOun9YF97 pic.twitter.com/hFzLz3Sqd6

— BuzzFeed (@BuzzFeed) June 23, 2017

Prada paperclip will only set you back $185. It can hold all of the money you don't have after you buy it. #saturdaymorning pic.twitter.com/sq4HqIiHuA

— Jeff Barrett (@BarrettAll) June 24, 2017

Umm for real, as the elite advance into a world where paperclips cost more than my wife makes in a week. #PradaPaperclip = #OutOfTouch Elite pic.twitter.com/0bbBEgZat1

— Brian Richmond 🇺🇸 (@B_Rich33NO) June 24, 2017

Several users did admit that they would like to be in a position where they could spend $250 on a paper clip.

i wish i was rich enough to casually spend $185 on a prada paperclip pic.twitter.com/fLP0RxHjtQ

— angel (@angel_cui) June 22, 2017

mood: being wealthy enough to have a $185 Prada money paperclip pic.twitter.com/P774DcQAOr

— VENUS (@DEVILDIOR) June 22, 2017

Meanwhile other Twitter users expressed concerns for anyone who was willing to splash the cash on the product.

Imagine getting jumped on your way to uni for a prada paperclip 😂

— XXXEZCLAP (@rafiqabudulai) June 25, 2017