Thank you all for your opinions -- super helpful! Answers to a few questions and/or clarifications:
1. Yes, I am looking for a long coat -- midi or maxi. Have been looking for 3 years. Almost bought the red coat in Finds from NAS but it was not available in my size during the sale so I missed out. I've looked at/ tried on quite a few options but have not found what I want.
2. Long coats are not practical if you drive. But they are useful if you walk, as I do. However, some long coats don't even work if you are walking because there is not enough freedom of movement. The cutaway style of this particular coat obviates that problem. Smart design.
3. I do keep coats for years. I have coats in my closet that are a decade old and I'm still wearing them. And in my climate, I need a lot of coats. This is Canada, people! Yes, I now live on the wet coast, but still, I can't go out for seven or eight months a year without outerwear.
That said, for this kind of money I might be better off investing in a very high quality midi trench coat that would potentially be more cross-seasonal for me. I might be able to find a cheaper wool coat to fill this purpose. I can certainly head out to my consignment shops again to see what's around. (I've been looking, as I said, for several years...)
4. Style: While I am open to a variety of styles and colours, the smartest (as in more durable) purchase for me would be something like this with classic military styling and in navy. This is a look and colour I simply could not tire of. I do not want a knee length coat. I have several of those in different styles/ cuts. I need a coat for midis.
5. Fit -- I'd need to try on again to feel completely confident. I was wearing a blazer and sweater, not just a sweater. If there is bunching, I think it is because of that "holding the phone" pose that moves things around/ makes them stick -- but at that price I would want to be 200% sure. This is a "small" which equates to a UK 8 in this coat (they say) -- my usual size. I could not go down a size -- it would not fit in the shoulder. I could not go up a size -- it would be too big.
I'm not wearing heels in the photo -- just my Cons which are flatforms. I don't think I'd feel an absolute need to wear a heel. Anyway, my typical heel is 2 inches -- all my Blondos have a 2 inch block heel which is super walkable for me.
On the collar, I have to admit I have a sugar eye for a very dramatic collar and have in the past purchased coats with dramatic collars that several forum members felt overwhelmed me. In fact, almost all my winter coats have a dramatic to very dramatic collar, now that I think of it!! Partly it's practicality...it's cold here and I have short hair, people! I