Remember when you were little and it was important to have the best and newest toy on the market? If you didn’t have a Tamagotchi, a Skip-It, or a Pet Rock you were branded unfit for pre-teen society. Over the last few years kids’ toys have gotten a little bit more advanced. Now, instead of having a $30 Slip’N Slide, kids ask for iPhones and iPads. That’s not even the most expensive toy a kid could ask for. The following toys are the most expensive items you can buy for a youngster: 

Barbie: $302,500

Pictured: the world’s most expensive Barbie

Australian jewelry designer Stefano Canturi designed the world’s most expensive Barbie that sold in 2010 for $302,500. The Barbie wears a necklace featuring a rare emerald-cut Australian pink diamond that weighs in at one carat. Several diamonds surround the pink diamond and the Barbie even has a matching Cubism style diamond ring on her right hand.

Model Car: $4,800,000

Pictured: the world’s most expensive model car

A life-size Lamborghini Aventador costs $380,000 which is cheap compared to its toy size companion. The scale model that is 1/8 the size of the regular car is a $4.8 million piece of work featuring gold and platinum rims, and diamonds in the steering wheel, seat, and headlights. No word on whether or not the impressive toy has a tape deck or Bluetooth capabilities.

Dollhouse: $256,500

Pictured: the world’s most expensive dollhouse

Titiana’s Palace is the world’s most expensive dollhouse. British painter Sir Nevile Wilkinson began building the miniature dream home in 1907 and finished in 1922. The house contains 18 miniature bedrooms and 3000 pieces of miniature art, including tiny mahagony furniture. The total? $256,500. Eat your heart out, Barbie.

Teddy Bear: $195,000

Pictured: the world’s most expensive Teddy Bear

To celebrate the Teddy Bear’s 125^th birthday, German toy company Steiff (inventor of the Teddy Bear) created these limited edition bears. The 41 bears have mouths made out of gold and eyes made out of sapphire and put Paddington Bear to shame. The most expensive of these bears sold at auction in 2010 for $195,500.