Samsung smartphones tend to leak early and often. We know this and expect it every time a new Galaxy S model is released. But when something as expensive and futuristic as a folding phone leaks, we are a little surprised.

In this case, the foldable is the Galaxy Z Flip, long rumored to be the successor to last year's Galaxy Fold. And instead of concept renderings or even more blurry spy footage, here are official-looking renderings of the long-awaited phone in two colors, posted on Twitter by renowned leaker Evan Blass and German blog WinFuture.

Unlike the Galaxy Fold, which has a vertical hinge, the Galaxy Z Flip folds horizontally like the flip phones of old. Being a clamshell, it should be very compact when folded, and WinFuture notes that Samsung used ultra-thin glass to protect the Z Flip's flexible display, rather than the plastic substrate used in the Galaxy Fold.

On the outside, there is a dual-lens camera and another rectangular element next to it. From previously leaked photos, we can assume that space is dedicated to a small display for showing the time. There is reportedly a Snapdragon 855 Plus chipset under the hood, and while the Z Flip may be a bit lighter than the Galaxy S10 and Note 10, it will not be as snappy as the S20 series. It also will not connect to 5G networks.

One of the renderings shared by WinFuture is an Infinity O-style hole-punch shooter positioned top and center, like the Galaxy Note 10's selfie lens.

Earlier today, we received the first credible rumor about the Galaxy Z Flip's price from Max Weinbach, who has leaked a significant amount of information about Samsung's upcoming premium phone over the past few weeks. According to Weinbach, the Z Flip will be priced at $1,400, $100 more than the Galaxy S20 Ultra. (However, it must be said that it is $50 less than the most expensive 512GB iPhone 11 Pro Max.)

The Z Flip is sure to be much more expensive than most conventional phones, but the $1,400 price tag is still clearly cheaper than competing folding handsets. Motorola's Razr, also clamshell, will cost $1,500 when it goes on sale on February 6 and will be sold exclusively through Verizon. Meanwhile, Samsung's first attempt at a foldable phone, the Galaxy Fold in question, cost $1,980.

The Galaxy Z Flip's price will not be known until Samsung's "Unpacked" launch event on February 11. At this point, however, it is a fairly safe bet what it will look like.