Lily Collins is Chanel Charming

Lily Collins lets her red locks flow as she arrives at the 2010 Costume Institute Gala Benefit to celebrate the opening of the “American Woman: Fashioning a National Identity” exhibition at The Metropolitan Museum of Art in NYC on Monday evening (May 3).

The 21-year-old actress stood out in an eye-popping Chanel dress with a golden spikey broach on the shoulder. Do you love Lily‘s dress?

Lily was spotted out in the city earlier this afternoon before returning to her hotel.