GUY 2: "Yeah, but look at her face."
GUY 1: "She's a real paperbag princess alright."
GUY 2: "Nice one."
Named after popular Robert Munch character of the same name.
Usually a hippie, or an accomplished woman who doesn't care about the latest fashion trends or other materialistic crap.
Translation: She's beautiful inside and out, and doesn't feel like she has to wear tight brand name jeans to show the whole world her curves.