Hallmark ID help on Chanel piece - Fake or real?

Smoogle

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Jul 24, 2011
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North Coast NSW.
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Posted this on the what is it forum as well -
Got this yesterday in the water at a tourist swimming beach - it is obviously designed as the classic double c Chanel logo - but has
what I think is "SMS" as designer? and definitely "929" (no way the last numeral is a 5) and a little R for a trademark? Any ideas?
HH and a treasure filled New Year to you all.
 

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