My wonderful SA sent me a picture of the red matelasse bag from the Miu Miu Spring 2011 ads. If she only knew I can't help but post it. It's so pretty! I love Matelasse especially in red. I know the picture is not the best quality but I am also sure you appreciate the real eye candy. This bag retails for USD 1750 and while I agree it's new and really nice, I think it's kind of bulky and would rather spend that money on a coffer.
By the way, If you would like to contact my SA about this bag, please email me at email@example.com, she works at the Bal Harbour, Florida store.
Miu Miu bags available for sale here.