Handbag designer Joy Gryson may not have walked away with a CFDA award a couple of weeks ago, but she did show up to the event wearing one of the most drool-worthy handbags.

Named Baby Beca, the one-of-a-kind electric blue eel skin handbag that Gryson toted around that very special night is being auctioned off to benefit Family Focus Adoption Services, a non-profit organization which has placed almost 1,000 babies and children since its inception 20 years ago.

Valued at $3255, the handbag will be auctioned off exclusively through Mick Margo, and will on display at their New York City store through June 26th. The starting bidding is $500 and will end on June 26th.

So, if you ever needed an excuse to indulge in a super-amazing but expensive handbag, you've just got one! Bid smart.