Wow. This could easily be the worst bid on The Price is Right in the history of the show.

Watch the video and see what happens when the contestants are asked to bid on a hammock. A regular old hammock. No, this is not a gold-encrusted hammock sewn with emeralds, diamonds, and other jewels. Nor has it been signed by President Obama or Mick Jagger. This is just a super plain cotton hammock.

This is when the worst bid on The Price is Right happens...

Drew Carey asks the contestants to start bidding and they do. $750 says one. $1,250 bids another. What was the last bid? the other contestant asks? $750? I'll bid $755. Then we get to Corey. Poor Corey listens to the bid, looks at the hammock, and decides that he should bid....

$7,000.

What?

Yes. $7,000.

Even the contestant to the right of him does a double take and says "What?"

Drew Carey just laughs.

And the fact that this contestant is so happy, but then confused, is really what is so amazing about this. Who in their right mind would think that a cotton hammock held up by a couple pieces of wood would ever cost $7,000?

Sorry, Corey. But this is the worst bid in the history of The Price is Right.