I just wanted a simple and cheap coat rack with bottom pegs so that my kids could reach to hang their coat rather than throwing their coats in the floor, and this does the trick.  You won't find a cheaper one for this purpose unless you want to drill holes in your wall.  I didn't personally like the decoration on top so we just didn't attach it.  We weren't using it as a main entry piece anyway, but set it conveniently by the basement entrance door.  I gave it four stars because some pieces were missing.  In our case, we improvised rather than even trying to call and wait on replacement parts.  Had it been more expensive and this happened, then I would have given it less stars.