The Fendi Selleria via eluxury.com - $1,410.00

There used to be a time when the price tag on your car, the size of your house or how many vacations you took per year was the standard against which your success was judged. Status symbols like houses with movie theaters and $100,000 cars were all the rage. Like so many things, people got bored of the same old status symbols and started finding other things to use instead. Handbags quickly became one of those symbols.

The Baghaus Selleria @ $52.99

Nowadays, $100,000 cars won't cut it – you have to have a $100,000 purse. This may seem excessive but with bags regularly costing $10,000 and more flying off the shelves, this phenomenon shows no signs of stopping.

Fendi, beloved by fashionistas the world over, has introduced a new silver Selleria bag that costs up to $38,000, depending on the materials used. The one pictured at the very top costs a mere $1410, a pittance in comparison.

This pittance still out of your league? You can look like you spent a grand on your bag when you carry the Baghaus version inspired by the Selleria. With a six inch handle drop draped in faux crock and a high quality quilted pattern that is all the rage, this bag will be in your closet for many seasons to come.