(courtesy of Jimmy Choo)

Incredibly expensive handbags that cost more than an arm and a leg are nothing new -- remember Mouawad's $3.8 million 1001 Nights Diamond Purse and our personal favorite, the Olsen twins' $39,000 The Backpack?

But Jimmy Choo has thrown its hat -- er, bag? -- into the pricey purse ring with a rather unusual offering: a series of small panda bags clocking in at $15,000.

Created by Rob Pruitt, the clutches feature 11,000 hand-applied Swarovski crystals and a detachable golden strap. But the most striking aspect of the pieces are Pruitt's use of his signature panda design. Forgive us for pointing it out, but the sparkly devil-and-angel panda figures are more reminiscent of a colorful Teletubby (we're thinking Po or Tinky Winky) than the real-life animal.