Posted on November 26th, 2008 by Fashion Juice (Admin) | Leave a Comment »
Karl Lagerfeld is no ignorant when it comes to the money-making industry that is Fashion. And while the Chanel boss makes serious money designing gorgeous Chanel, Fendi, and Chloe labels, he is now making money literally…
Karl Lagerfeld has made a Chanel Coin (more like designed is what I mean) to be released for Mademoiselle Coco Chanel’s upcoming birthday. The Chanel Boss took the label to a new level in Paris last Friday (November 21) when he unveiled the latest item he has designed for Chanel – a Five Euro Coin for the French Mint.
The limited-edition collector’s coin, which features Chanel’s signature quilted pattern on one side and the head of Coco Chanel on the other, was created to commemorate the 125th anniversary of the legendary Coco Chanel’s birthday. According to spokeswoman Isabelle de Segonzac, it was actually the Mint – Le Monnaie de Paris – who approached Karl Lagerfeld about making the coin because it expected Chanel’s birthday to be a big deal in France this year.
The Chanel coin may be a Five Euro coin but that is not entirely the amount it will retail for. There are four versions in gold and silver and will be priced from 45 Euros to 5,900 Euros. Oh goodness! Maybe I can take the 45 Euros. Haha. If you’d like one, they’ll start selling the Chanel Coin on December 1 at the French Mint. By the way, Chanel doesn’t get any percentage of the sales.
Tags: chanel coin, coco chanel birthday