Our family calls this $200 Waldorf Astoria Cake as the recipe came from that hotel and when a lady asked for the recipe it was sent to her with a bill for $200. she raised the $$ to pay for the $200 by selling copies of the recipe. Our frosting did not have coconut in it but it was made by cooking a kind of "paste", cooling it and then whipping it for a long time...My Mom colored the frosting green to go with the red of the cake for a Christmas dessert. I have never made it.. just enjoying the memories of eating it each year.