Photography Giacomo CabriniFashion / NewsFashion / NewsA virtual Gucci bag has sold for more than the IRL versionThe digital-only bag sold for roughly $4,115 on gaming platform RobloxShareLink copied ✔️May 26, 2021May 26, 2021Text Sofia Mahirova Gucci X Balenciaga As fashion continues to inch towards the digital, the near-unthinkable has happened: a Gucci bag that exists solely online has sold for more than the real thing. A digital rendition of the Gucci Dionysus bag sold for 350,000 Robux (roughly $4,115) on Club Penguin-adjacent gaming site Roblox. IRL versions of the bag typically retail $3,400. Roblox is most popular among children and has a marketplace where its users can buy and sell all sorts of accessories to dress their avatars using the platform’s digital currency. The digital-only bag was released exclusively as part of Gucci’s two-week event with Roblox and was available for a one hour window on May 17 and May 18. Despite its original price of 475 Robux (roughly $5.50), the limited-edition nature of the bag meant that it wasn’t long until scalpers began reselling the item at extortionate rates. The bag is only available for use on Roblox, meaning it can’t be accessed or sold elsewhere. As Reddit founder Alexis Ohanian tweeted: “Remember: this Roblox purse is not an NFT and thus has no value/use/transferability outside the Roblox world-yet it’s worth more than the physical one. Watch this space.” The IRL bag first debuted at the brand’s autumn 2015 women’s show, creative director Alessandro Michele’s first collection for the Italian brand. According to The Fashion Law, the Roblox value of the virtual bag has already plummeted to less than $800. But that’s the price of fashion, baby. Revisit the Gucci x Balenciaga collection in the gallery above. A Gucci bag in Roblox resold for 350,000 Robux or roughly $4,115. The same purse IRL costs $3,400.Remember: this Roblox purse is not an NFT and thus has no value/use/transferability outside the Roblox world-yet it's worth more than the physical one.Watch this space. pic.twitter.com/m4WjfC1Eq1— AlexisOhanian.eth 7️⃣7️⃣6️⃣ (@alexisohanian) May 24, 2021Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy Expand your creative community and connect with 15,000 creatives from around the world.TrendingTyrell Hampton’s photos capture the freedom and fantasy of NYC nightsThe legendary photographer’s new photo book, Last Call, documents some of the city’s cult icons and biggest starsArt & PhotographyArt & PhotographyThese photos expose the ‘pain, fear and desire’ of relationshipsDazed LeagueThe heart and soul of LA’s exploding street soccer sceneFashionThese candid photos deconstruct the fantasy of the modelling worldFilm & TV7 films to watch if you can’t wait for The OdysseyFashionA snapshot of Davide Sorrenti’s life and loves, via his intimate PolaroidsReplitLife & CultureWhat Went Down at the inaugural vibeconBeauty10 of the hottest Instagram accounts fusing art, sex and eroticaLife & CultureHow to find and pick magic mushrooms Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy