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Ralph Lauren Bikini Bag, Handbag of the Day

I must admit that the intriguing thing about the Ralph Lauren Bikini Bag is its price. The tiny bag, measuring at only 5.5 x 4.25 x 1.75-inches, is based on a design for a British hunting cartridge bag. It is made of extremely soft, luxurious baranil calfskin, features custom Italian hardware and is available in both black and brown. It looks like it's about the right size and shape for holding a digital camera, though it is also big enough to hold a lipstick and a cell phone. You might be able to squeeze in your keys, but leave your wallet at home. The price? This little bag is $995.

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