Macy's offers the Calvin Klein Jacky Tote in Black Multi/Silver, Light Sand/Gold, or Pastel Yellow/Gold for $53.96. (Amazon charges the same with free shipping.) Choose in-store pickup to dodge the $9.95 shipping fee. That's the lowest price we could find by $53. It measures 14.5" x 10.5" x 6.5" and features 6.5" handles, a removable shoulder strap, and magnetic closure.

Update: It's now out of stock at Macy's; however, Amazon still offers it for the same price.