Remember the $150,000 crocodile peacoat from Hermès we wrote about last summer? Luxury Italian fashion house Salvatore Ferragamo has upped the ante considerably with a full length, double-breasted trench coat (above) made from the world's finest crocodile skin that costs an astounding $250,000. Available only by special order, the incredible matte black coat, handmade by artisans in Italy, features epaulettes, D-rings, forearm straps and a silk lining. Thomas Burberry is credited with inventing the trench coat in 1901; originally only British army officers were allowed to wear one. We're guessing this version was probably conceived of before the luxury goods market went to hell in an alligator handbag.