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3.
A nice car
Damn, that`s a cold piece
(Cadillac, Lincoln etc)
by Big Daddy J-dizzle bizzle September 29, 2003
 
1.
Cold piece refers to a person whom does radical, audacious, ridiculous, or absurd things. Can also refer to situations with extreme negative or positive contexts.
Kanye West's uncalled for interrupting of Taylor Swifts speech at the Music Awards was a Cold Piece.
by Cold_Piece_Shaw August 24, 2011
 
2.
Badd . A person or thing is craking
Shorty Over there is a Cold Piece
by Minnie.Babby September 08, 2010