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Fashionable twins Mary-Kate & Ashley Olsen have designed a backpack for their line The Row. 

PHOTOS: Backpack Trends For Summer & Beyond

Well, get this: the twins are selling the backpack for $39,000!

The backpack, made from crocodile skin, was unveiled at Barney’s over the weekend as part of The Row’s handbag collection, which includes bags made from reptile skins.

So far an order for two backpacks have been placed. The nine bag collection also includes a tote, doctor bag and classic shoulder bag in python and alligator.

“We wanted to do a bag for every occasion,” Mary-Kate, who was carrying a glossy croc iPad case from Resort without an iPad in it, just cigarettes and a cell phone, told Style.com.

“Bags had become quite unstructured — as a trend they got ginormous,” Simon Doonan said later on at dinner at The Crown. “To have a bag with precision design that’s more considered and beautifully executed is exactly right for now. I spent part of the evening with the black crocodile backpack, and that was a good feeling.”

Check out a photo of the backpack after the break!

Above: The Olsen twins with their sister Elizabeth.

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The Olsen Twins unveil their $39K crocodile backpack.

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The Olsen Twins with Simon Doonan and the backpack.