Here on the streets of New York City, you can buy a Rolex watch for fifteen dollars. A salesman yells, "Get your Rolex here," and he flashes a shiny timepiece with the word "Rolex" on its face. As you examine the watch, everything about it looks like a Rolex. But, as every New Yorker knows, these watches aren't truly Rolexes. They're simply "knockoffs" - cheap copies of the original.
Thousands of visitors to New York City buy these Rolexes from street vendors and wear them back home. At first they're happy to show off their "expensive" watch. But they quickly learn not to let others examine it, because it only weighs about one-tenth of a genuine Rolex.
You can find other knockoffs of fancy items in New York as well. For example, at Saks Fifth Avenue you can pay $1,000 for a designer dress - or, you can buy a knockoff that looks just like the original on Orchard Street for $95. The knockoff dresses aren't made of the same material, but you can't tell that by their appearance.
Read more HERE.
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