'Superfake' Knock-Off Handbags as Expensive as the Real Thing

Nearly impossible to tell from true designer originals, purses come with big price tag.
3:00 | 12/24/13

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Transcript for 'Superfake' Knock-Off Handbags as Expensive as the Real Thing
And we want to tell you about a warning for all holiday shoppers. It's about the new superfakes. Handbag knockoffs. Nearly impossible to tell from designer originals. And they don't come cheap. We took our hidden cameras to the streets to keep you from getting swindled this christmas. Abc's bianna golodryga has the story. Reporter: Knockoff designer handbags for sale, on the asphalt aisles of canal street. We all want bargains. We want cheaper things. So, we say, fine. I'll take a fake. Reporter: Not just any old fake. The next generation counterfeit handbags. It's called a superfake. Counterfeiting expert valerie gave me a pop quiz with a $900 louie vuitton handbag. And its superfake twin. Which is the real? And which is the fake? Reporter: This is the real? Fake, wow. Time to go shopping. Susan takes us on a quest to score a superfake in manhattan's chinatown. We reject several garden variety fakes. Finally, we're offered something special. A chanel bag. The real thing goes for nearly $5 thus $5,000. This one wasn't nearly so cheap. 600. Reporter: We haggled and got the price down to $430. All right. We'll do it. Reporter: We are now the somewhat ashamed owners of a superfake handbag. No one has any sympathy for a big handbag brand. Reporter: A little guilt might be a good thing for shoppers. You may care how much counterfeiters are spreading with your money. It's gone to fund organized crime. It's gone to fund terrorism. Reporter: That's a lot of karma to carry around with your brand-new fake handbag. For "good morning america," bianna golodryga, abc news, new york.

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