It doesn't have much competition -- except for those pretty cool ties that look all 8-bit and pixelated -- but I think we can safely say that this is the greatest video gaming ever created.
It's a replication of the moment when Guybrush Threepwood from The Secret of Monkey Island makes good on his claim that he can hold his breath for ten minutes by accidentally getting himself tossed into the ocean by a villain who later turns out to be the nefarious Ghost Pirate LeChuck.
Imagine rocking up to a wedding/party/formal wearing this bad boy. I can't imagine looking cooler. I might have to buy this tie, and confuse every non-gaming attendee of every wedding I attend.