Ricky arrives home with a $3500 mink coat that he has rented for an act at the club. Lucy immediately jumps to the conclusion that it's her anniversary gift and showers him with grateful kisses.
Thrilled, Lucy wears the coat night and day, and even does the dishes in it. Ricky implores Fred to dress as a burglar and "steal" the coat at gunpoint. But before Mertz appears, a real thief arrives and almost makes off with the fur.
When Lucy learns from Ethel of Ricky's nefarious ploy, she plots to teach him a lesson by buying a cheap imitation fur coat and, in full view of Ricky, proceeds to "restyle" it. She cuts it in half and removes the sleeves, saying, "Congratulations, Ethel. You're the first woman ever to wear a mink T-shirt." Ricky promptly collapses, but after being told of the prank, buys Lucy a new hat and dress.
Special Notes: This episode is based on lucy's radio show, My Favorite Husband Episode #44, "Anniversary Presents".
Bloopers: When Ricky falls to the floor with the fur coat, you can see the edge of the living room rug revealing that it's a television set.