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Gwyneth Paltrow, Cara Delevingne Design Fendi Bags for Charity Auction

Starting May 1, you can bid on a one-of-a-kind bag...for the low, low price of £15,000.

To coincide with the opening of its three-story London flagship store on Thursday, Fendi launched its Peekaboo Project: A charity initiative that will benefit Kids Company, which aims to help victims of child abuse. The Italian fashion house helmed by Karl Lagerfeld is auctioning off 10 unique Peekaboo bags designed in collaboration with 10 famous women, including Gwyneth Paltrow, Cara Delevingne, Adele and Georgia May Jagger. 

Each bag fits its designer's personality: Paltrow's is simple in croc-embossed white leather, Delevingne's has a Superman-inspired "S" doodled on it (along with her initials) and Adele's feminine pink style is adorned with a smiling face (and some fabulous eyelashes). 

While it's a first crack at designing for many of these celebs, Delevingne is practically a handbag design pro at this point: She recently completed a collaboration with Mulberry.

The auction will be open through the end of the month, but the starting bid is not cheap: £15,000, or $25,341. Think of it this way: This might be the only time you can splurge on a Gwyneth Paltrow-designed bag and get to write it off on your taxes.

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