Speculation continues about the question of the year: What will Michelle Obama wear to the 2013 Inaugural Ball?

The first lady, who is known for her chic and classy fashion sense, has been spotted draped in pieces by Michael Kors, Tracy Reese, Thakoon, Narciso Rodriguez, Isabel Toledo, Naeem Khan, Vera Wang, Marchesa and others. Though any one these designers are on the short list for gaining the title of most-prized gown of the year, Obama is keeping fashion enthusiasts on their toes as they patiently wait to admire the chosen piece Jan. 21.