Miranda Kerr is no stranger to letting it all hang out, and her new spread in V Magazine is no exception. Although calling it a "nipple slip" is a stretch.
That implies it was accidental. This was not.
The 30-year-old Australian model recently flashed her bare breasts during a super sexy photo shoot for the publication, as you can see after the jump.
While our headline may make this magazine spread seem racier than it is - it's far more tasteful than Miley Cyrus Twerking - it is technically true.
Kerr, posing as Hungarian-born Italian porn star and politician Cicciolina (real name Ilona Staller), certainly gets into character and pushes the envelope.
Check out the (sort of NSFW) shot below:
Of course, this isn't the first Miranda Kerr nipple slip we've seen, nor is it the last time we've seen her flash her breast for a sexy modeling gig.
Not that we're complaining.