This is a definite three coat proposition if you want the shade in the bottle. First coat is damn near transparent. Second coat is better, and third coat is bottle color. It dries quickly, as it should since it's of the RapidDry line, and applies well, if a tad streaky the first coat.
If you are up to three coats, its a very pretty shade of mid-tone lavender, nice shimmer to it. Other than the sheerness of it, it's a very nice polish. Only reason I checked I would not rebuy is b/c it's a limited edition for the summer, and it'd be long gone by the time I ever needed a second bottle. I have seen it still in displays as late as last week, so it's still around if you are keen to do a bit of searching. All in all, it's nice if you don't mind a bit of work to build it up.