Yes, this is a genuine Chanel Bicycle.
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In 2008, Courtney Cox gave her best friend, Jennifer Aniston one of these bikes. If you google Chanel Bike, you will find the article
This bike has NEVER been ridden.
It is exceptional. Features include:
*Quilted leather seat (I have heard the seat was made by the famous Brooks Brothers)
*Quilted leather pant guard
*Quilted leather handles
*Quilted leather detachable Jewelry Roll (of course everyone goes bike riding with a jewelry roll?? :-) )- This has a signature chain and leather handle to carry the bag inside because of course you would not want to leave it outside.
*2 Quilted leather detachable saddle side bags- these are lined in burgundy leather, with one zipper compartment each, long flap and 2 pockets.
The bike has all of the standard bike features including owners manual, warranty (which is now expired), tailight, and is an 8 speed.