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This meaning is implied when you make the victory/peace sign, followed by cupping your index and thumb in the shape of a letter 'C'.

Instead of saying something is good, awesome, excellent etc...use the too cool sign to express your feelings nonverbally.
When the girl in the car next to me lifted up her shirt to expose her mommy baggies, I quickly gave her the V C symbol to express my pleasure and how cool she was.
Too cool by DeeJay December 12, 2003
two unique people who are wayy cooler than other people. and those people are hannah and laura
they are just too cool
too cool by elkayyy January 3, 2008
if someone says something boring, and you have no other way to respond. usuaslly used over text as sarcasm that the boring people don’t get
“my favourite food is pasta

you: “too cool”
when someone is too cool they are just too cool
yo that girl yzabella is just too cool!
too cool by Yams1025 May 2, 2022

too cool for school 

A state in which a person thinks him or herself superior to everyone else in a given group or in general. Generally used sarcastically.
Ben Stiller: "You may think you're too cool for school. But I got a news flash for you...you AREN'T."
(Zoolander)
too cool for school by Nick D November 3, 2003

Too Cool for School 

A phrase originating in the 1960's Counterculture.

It describes a person who has "tuned in, turned on and dropped out." In other words, it describes a person who has submerged themselves so much in the Counterculture (fully embracing a wide range of drugs- particularly psychedelic drugs, communal lifestyles, anti-materialism, radical politics, anti-authority and particularly anti-Police attitudes, alternate codes of dress and personal hygiene and often anti-social behaviors), and is thus "so cool," that they are largely unfit for and unable to participate in conventional society.

The phrase was invariably complimentary.

More recent usages tend towards extreme forms of irony. Often applied with considerable sarcasm as a form of insult it generally means a person who is deemed to have an inflated self-image. If the person displays any actual Countercultural leanings, they tend to be of the most mild possible variety.
"Dude, the Hells Angels are totally righteous. They're so out there, man, they're, like, too cool for school."

"That kid didn't come to my party. What does he think he is, too cool for school?"
Too Cool for School by The Egoist December 30, 2009