Tuesday, November 25, 2008

Couture Money - Coco Chanel 5 Euro Coin

Karl Lagerfeld has designed a 5 Euro coin to commemorate the 125th anniversary of Coco Chanel. Available on December 1st, only 99 pieces of the gold coin will be made at a purchase price of 5900 Euros and 11900 pieces of the silver coin will be made and sold at a significantly lower price of 45 Euros.

This is as close to coutured money as we'll get and Chanel loyalists, fashionistas, and coin collector's will snatch these up in a flash. This year the high fashion ateliers have truly expanded their empires from teddy bears, cell phones, water bottles, cameras, and now to designer money. Is it excessive to have luxury money? Apparently, the Kaiser and Chanel don't believe so and acquiring these coins is the ultimate act of conspicuous consumption.

Source: High Snobiety

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