“Necropants”
The necropants, as they’re called, are at the center of a very strange legend that’s part of an exhibit at Iceland’s Holmavik Witchcraft and Sorcery Museum (a macabre little pit-stop where you can learn the stories of 17 people burned at the stake in the 17th century — for supposedly “occult” practices like cursing someone with uncontrollable farting). The necropants were made from the skin of the bottom half of a dead guy — but that’s not the weird part, if you can believe it. From Lonely Planet Iceland:
It was believed that the necropants would spontaneously produce money when worn, as long as the donor corpse had been stolen from a graveyard at the dead of night and a magic rune and a coin stolen from a poor widow were placed in the dead man’s scrotum. [Source]