Two rather ridiculous luxury food items, as reported by Luxist: A real cupcake topped with a 2 carat Asscher cut diamond surrounded by eight round brilliant diamonds. It’s yummy P.R. for D.C. area Mervis Diamond Importers. And for the upcoming Kentucky Derby, distiller Woodford Reserve is offering a $1,000 mint julep. Made with frozen water from Norway, hand-picked and crushed sugar cane from Reunion Island, mint from Turkey, and of course super-premium bourbon, the drink is served in a sterling silver cup plated in 24k gold. Proceeds go to charity.