Streetwear giant Supreme began as an underground skater company that, over time, grew into a $1 billion pop culture powerhouse, thanks in part to countless collaborations with celebrities and athletes such as Odell Beckham Jr. and The Muppets. However, the company's newest collaboration, which is with Oreo and launched on March 26, is commanding a high price online.

Dubbed "Supreme" Oreos, people are shelling out thousands for the cookies -- which are just your standard, double-stuffed Oreo -- on eBay. There's nothing special other than the fact they are red and have the word Supreme printed on them. A simple, yet highly desired moniker that has been slapped on everything from sneakers to Zippos and even Ziplock bags.

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A big part of why Supreme products are so expensive is exclusivity. The items are released in very small quantities during seasonal drops. Most are then bought up by resellers within minutes or even seconds of their release. These "hypebeasts," as people call them, have pretty much cornered the Supreme market and caused the prices of simple things like Oreos or bike helmets to range anywhere from $100 to $10,000.

In the case of the Oreos, the cookies only retail for $3, but there are listings pricing them at $18,000 on eBay. Although few are likely to pay that much, the price does show just how much hype surrounds anything with Supreme printed on it. There have also, reportedly, been buyers who shelled out $1,250 for a 12-pack of the cookies and others who paid $500 for a single three-pack. Forbes even claimed a packet was receiving bids of up to $96,100 on eBay at one point.

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People who have tried the Supreme Oreos have described them as tasting "more artificial" and not like a normal Oreo cookie. Some buyers have said they are similar to the Golden Oreos, "but worse." But most people who purchase them don't even bother opening the cookies, let alone taste them. Photos on social media and the secondary market show mounds of Oreos stacked up in homes and available for sale. Despite social media users ridiculing those who are willing to spend that kind of money, still the list of sales grows.

Supreme, which is based in New York, has shut down all of its retail stores due to the coronavirus (COVID-19) pandemic, so the cookies aren't available to purchase right now. If they do become available again, it will likely be online, and that could definitely have an effect on the resale market for the Supreme Oreo, which is generally not the best place to invest your money.

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