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obliging by creating increasingly expensive merchandise and limiting production. And the actual product often seems less important than how many people have it. "If my Louis Vuitton, which I'm paying a few thousand for, everyone has one, what do I get?" Pedraza said. "How do I get that exclusivity that I long for?" To achieve that, you had to pre order the Tribute Patchwork bag months ago. Louis Vuitton boutiques in New York, Las Vegas, Los Angeles and Chevy Chase, Md., got the call. Delivery began discreetly in July, with the bags arriving in a clear, Plexiglas trunk covered with the LV logo. It was publicly photographed on Knowles' arm last month. The Tribute Patchwork is Louis Vuitton's most expensive and exclusive bag to date. It is handmade at a workshop in France and consists of pieces of 14 LV handbags, including the monogram denim from spring 2005, the Lady Steamer with Alligator from fall 2006, the Cuir Tresse from spring 2007 and the Talentueux Suhali from spring 2003. Andrews said Louis Vuitton's creative director, Marc Jacobs, designed the Tribute Patchwork "as a celebration of the history of Louis Vuitton." Some fashion followers, however, feel that history should not be sliced, diced and rearranged into one purse. "Limited edition handbags give us purse fanatics something to drool over, to lust after, to want," said Meaghan Mahoney, of Fort Lauderdale, Fla., who writes the Purse Blog. "But there comes a time when no matter how limited something is, no matter how much fuss goes behind it . . . the product just plain old sucks." Still, Mahoney said she would relish the opportunity to see the Tribute Patchwork with her own eyes. "At least that way, those who are lucky enough to see the handbag in person will gain instant bragging rights," she said. "After all, the bag is not much more than bragging material by itself." The Tribute Patchwork bag is not the most expensive ever created. In 2005, auction house Doyle New York sold a black crocodile Hermes Birkin customized with a clasp and lock featuring 14 carats of pave diamonds set in white gold for $64,800. Not to be outdone, Chanel will launch a bag in December made of white alligator skin and