I recently found a link to a 25% off coupon for full retail Coach locations. The site that listed it said that it could just be printed out and used. However, the bottom of the coupon says, "This card may not be reproduced or transferred."
You can print it out and use it; I've done that many times. What it means by "may not be reproduced" is that you can't use it more than once. I'm sure if you try to use it twice that it won't work anyway.
