RUN AWAY! If this is real, it is older, licensed Balenciaga. Until Ghesquiere took over the collections, Balenciaga was basically licensed out to be sold in duty free shops. These items have the double BB logo on it and are generally quite tacky (the new stuff has a much more streamlined, sleek design and logo). Anyway, Balenciaga's history of licensing is sort of the same thing that happened to YSL and Dior until about 2001 or so. This is not the Balenciaga you think it is. If it were, the buy-it-now would be hundreds of dollars more, because most of the Balenciaga bags sell out even at the $1500+ retail. TECHNICALLY, I don't think it's fake, but lots of suspicious sellers play with "fuzzy math" to make their licensed items LOOK like the new, expensive, desirable stuff. They also sometimes do it by saying, "YSL SHIRT! TOM FORD!" when really it is a made in Hong Kong shirt that was sold at JC Penny's in the 1980's. If you buy this bag, you will get a made in China bag that was produced to be sold in a duty free shop. I wouldn't take the bag if it were given to me, but if I had to buy the bag, I wouldn't pay more than $20.