Ricky returns home with a $3,500 mink coat that he has rented for an act at the club. Lucy immediately jumps to the conclusion that it's her anniversary present. Lucy is so delighted with her "present" that she eats, sleeps, and even does the dishes wearing the mink. Ricky decides to get the coat back by having Fred dress up as a theif and "steal" it, but before he does, a REAL burglar almost makes off with the coat! When Lucy learns from Ethel of his plan, she decides to teach her hubby a lesson. Buying a cheap imitation mink, she decides to "restyle" it (with a pair of scissors)in full view of Ricky.