I love this Marc Jacobs Stam bag. It's so ladylike and classic. It retails for $1350 from Bloomingdales.
Out of your budget? Try this look for less from Shop Suey Boutique. It retails for $48. Click here to purchase.
*Update - 11/3/10* - Thanks to reader CG who sent in this alternative option from Francesca's Collections (keep in mind the original post is from 2008 so the Shop Suey bag may no longer be available. This version retails for $48 and is only available in the pewter color shown. Click here to purchase.