Hello everyone!

I've been shopping for my college wardrobe and trying to take advantage of some sales. I am in need of a black trench coat and wanted all of your opinions on this:

http://shop.nordstrom.com/S/30.....7&P=1

I like the color black as a basic because of its versatility.

What do YOU think? Should I buy it or should I pass? Or should I wait until the Anniversary Sale (what if it's gone)?