Wallpaper Magazine's Bikes Fold into a Small Leather BagS

Other foldable, transportable bikes exist, but they tend to be of the city-commuter style which just makes them look foolish when riding. Wallpaper magazine commissioned the bike above, which is capable of folding down and squeezing into a leather tote.

They're limited edition, and have a suitably "Wallpaper" price-tag to go with them—the "International" bike above, by Japanese makers Kinfolk and Portland-based spray-painters Coat, costs £2,450, and then the bag (designed by Nivaldo de Lima) will set cyclists back another £2,500.

That will quickly turn into one helluva pricey morning commute. [Wallpaper via BornRich]