What's more classically elegant than Chanel? One of my favorites, this beauty is perfect for your next soiree or super-trendy day on the town. Call yourself lucky if you've managed to snag a Caviar Flap. Word on the street says it's been flying off the shelves.

But don't despair--Chanel just released some absolutely beautiful bags for Cruise 2012 and their Fall/Winter '11 collection is completely worthy of salivation. Check out Chanel's Accessories website for more details and fantastic pics.

What's your favorite Chanel bag and why? Let us know in the comments; include a picture if you'd like.