Gold bicycle is most expensive in the world - and at £600K it's enough to brake the bank

This solid gold 24-carat bicycle is the most expensive in the world.

The one of a kind mountain bike was created by The House of Solid Gold, based in California, USA, and comes with a £600,000 price tag.

The flash two-wheeler is covered almost entirely with 24-carat gold, and comes complete with a customized seat cover crafted from brown alligator hide.

If that wasn't flash enough, it also includes a unique water bottle, which is coated in solid gold and decorated with stingray skin.

Hugh Power, CEO of House of Solid Gold, said: 'The idea came about while I was extreme mountain biking on a similar bike.



'It was during this ride that the idea was born to build a gold bike, customised with all the latest hi-tech gear.

'But the true challenge I faced was to make sure that the bike would be ridable - and I was still able to cover 99% of the bike completely in gold.













 

[Pedal power: Check out the gold Porsche made of CARDBOARD (with a top speed of 10mph)]

 

[You can't buy taste: Ferrari owner covers £200,000 supercar in garish gold vinyl]

 

'This is the only gold bike in existence. And there will only be 13 made in total with each one being custom built and totally unique in its own right.'

It took more than 750 hours to painstakingly handcraft the elaborate cycle, and there are plans to create just a dozen more of the luxury items.

Each bike will be engraved with the artist's signature, dated and numbered as one of 13.

The 57-year-old entrepreneur added: 'The price tag on the bike is only so high because most - if not all - of the proceeds will be donated to charity.

'The Way to Happiness Foundation is a global non-profit, non-religious charitable organisation that do a lot of impressive work to combat crime and violence worldwide.

'And buying the bike is more a way for the affluent who want to donate their money to a great worldly cause, and receive the bike as a token.'