Isn't this Prada designer handbag just gorgeous? It's truly unique and is being auctioned together with a number of other unique Prada designer prototypes originally created for the catwalk of the Fall/Winter 2007 season.

A number of items including designer dresses, shoes and handbags have already been sold to the highest bidders in this progressive auction and there are currently 9 designer items up for grabs (see www.chicalert.com) including the gorgeous Prada purple patent designer handbag shown in the pictures here. The bidding for these items is quite fierce as they are truly unqiue.