No shit. It's a silver Himalayan Birkin bag by Hermes and it was a Christmas present from her husband. If you haven't yet vomited your weetbix all over your keyboard while spluttering about the world financial crisis, you may be interested to know that was approximately one week's salary for Becks from his temporary employer AC Milan.
I'm not sure if that makes it better or worse but certainly no less vulgar. I can think of at least 173,000 better uses for that money than yet another pretentious handbag that Posh will carry no more than half a dozen times before retiring it for fear of Accessory- Overexposure.