During their Resort 2013 line, designer duo Proenza Schouler purposefully kept the new PS13 bag under wraps. The purse has been photographed incognito, but it has finally made its official debut. Click through to see the updated it-bag.

Retailing for $2,250 and $6,650 for the python version, the PS13 is the sequel to the highly acclaimed PS1 bag by designer duo Proenza Schouler. After the purse has been kept under a veil of secrecy to protect it from design infringement, the bag is finally showing it's first illusive appearance.

Featured on the back page of Vogue's November issue, the purse is just moments away from being seen on every fashion exec and celebrity. With an added double handle and a silhouette that is easily transformable into different sizes, the PS13 is a worthy successor to the PS1. Question is, who will be the first to rock it? Vanessa Traina carried it around Paris Fashion Week before its true identity was revealed but now that it's hot and ready, countless fashionistas are starting to take note.

We would also rock this Chanel Spring 2013 bag and while it doesn't have a hula hoop for handles, its geometric lego shape had us gasping.