The piece: Balenciaga Papier Matelassé A5 Bag
The price: $1,795
Why we want it: Not that we need a justification to want a new Balenciaga bag, but if we must explain, this has to be the most gorgeous of the house's bags yet. We've been following the evolution of Balenciaga bags for years now, and what we admire most is the juxtaposition between the posh, tactile quilting and the rugged black leather, complete with the signature Balenciaga studs. Sure, the price tag is not easily digestible, but once you have this beauty on your arm, and once you notice the admiring stares, every pretty penny will be worth it.