Image via Forbes

First we have the least costly of them all, the Leiber Dandelion Suede Gator Handbag. Coming in at $15,000, this yellow gator bag with 18 carat gold is very limited (only four made) and very chic.

After the mess that was heard round the world, the Louis Vuitton Tribute Patchwork Bag, LV is still trying to redeem itself with more limited edition handbags that they hope will sit better with the world.

Avoiding this bag like the plague or a wretched over-sized scarlet letter, I have placed my eyes and mind behind a rock for as long as I can. But there is so much fuss over this egregious error in the handbag world, that I might as well give my 2 cents.

Image via Forbes

Ralph Lauren must have either been in the dog house or is the best husband ever when he decided to name his chic and luxurious handbag after his wife, Ricky. The Ralph Lauren Ricky Handbag is an exclusive bag said to be made of exotic croc (although there is also a gator version that hit the runway).

If you had $36,000 spare dollars, which would you buy?

The hoopla behind the Diane von Furstenberg Wrap Dresses has yet to die down. It may have taken a small itsty-bitsy step down, but it is far from falling.

Granted this evening bag is quite pricey for the size, but it is also a work of art and a total masterpiece. A Judith Leiber piece nearly guarantees that you have bought an intricately designed bag that will have nearly every gawking.

If I were to anticipate breaking my arm, I would have bought this Louis Vuitton handbag when I saw it in LV Bal Harbour. A stunning Limited Edition handbag, the Louis Vuitton Monogram Satin Aumônière may be a bit hard to care for because of its silk satin, but manifests its beauty in the silver with gold jacquard monogram LV.

The Fendi Spy Handbag has been arm candy hit since it’s arrival, being seen on A-list celebs, fashionistas world wide, and me of course ;-). Recently Fendi paired with super luxe French skiwear company Moncler to create a new Spy bag.

Click to enlarge!

Metallic bags are the bags to carry this holiday season and the IT bag to be seen with is the new Louis Vuitton Miroir Line. Janet Jackson has been photographed carrying this new IT bag, even though the new Miroir line does not officially launch until December 1.

For those who will do some Louis Vuitton shopping during the upcoming holiday season, you are in for a pleasant treat! My favorite French fashion designer commissioned the renowned artist Olafur Eliasson to create Eye See You, an art project that will be shown throughout the Christmas holiday period 2006 in more than 350 Vuitton stores worldwide.