WVU alpha phi: Yes, it's a silver open heart with ten tiny chains on each side and a toggle closure. I think it's delicate but interesting and I haven't seen anyone else with it. I don't like the matching necklace though.
RedRoseSAI: my "everyday" Coach wristlet was only $48. At the time I thought that was a lot for "just a wristlet" but for the past year & 1/2 that I've had it, I've used it every single day. It's the perfect size, and I can even fit the strap over my shoulder (and hold the wristlet part under my armpit) to hold really tightly if I'm at a party or bar.
My wristlet and my matching bag:
I just bought a new wristlet about 2 weeks ago. I'd been obsessing over it for a long time, and it had sold out on the website for a while and in most stores. I saw it in a dept store and decided to splurge. (I always save my $$ and have lots in the bank, but I had just gotten a new paycheck that was burning a hole in my wallet) I signed up for a store cc (10% off!) and figured I could return it if I decided I wouldnt get enough use out of it. BUUUUUUUUT... I love it!
pic of new wristlet:
I'm trying to keep this one in perfect condition (the other has been spilled on, thrown around, etc and held up surprisingly well) -- I only use it when I'm going to dinner and sometimes to class.
Yay for wristlets
ETA: to get back on topic...
I wouldn't have the guts to wear letters in a "designer" print. I think that's a little tacky but if you like it, go for it
HOWEVER, I have nothing against adding letters to your designer bag...
I just bought the cutest silver-tone letter keychain to hang on my wristlet ($2.25 on ebay and it came w/ a PiPhi bottle opener keychain and an I <3 PBF pin!)