Fall Fashion 2009

Coco Chanel first produced it 54 years ago, when, after admiring the quilted jackets worn by the stable boys at her lover's horse farm, she created a jersey bag lined in lambskin. Also available in alligator, calfskin, PVC, python and velvet, the bag includes an outside pocket for "handy tipping"; one inside for beauty products; a hidden zippered compartment—where Chanel herself kept her love letters—and a tube slot for lipstick.

Jersey, lambskin and metal, $2,575; at select Chanel boutiques.