I saw a REALLY bad knock off trying to look like this one not too long ago. Totally looked like a Coach bag until you looked at the tag which said "Wako Leatherware."
Wako is one of the big Korean companies responsible for thousands of fake Coaches from that country. The Korean courts finally forced them to stop using the Coach name after a lawsuit, but they still kept using the same phony serial number format, with just 5 or 6 numbers like 201-01. I'd bet that any fake Koach with that kind of serial number was made by Wako. There are still WAKO bags listed on Ebay and their older styles are blatant ripoffs of Coach styles.
http://www.ebay.com/itm/RARE-Wako-H...856?pt=US_CSA_WH_Handbags&hash=item4ad9fd6768
and
http://www.ebay.com/itm/WAKO-VINTAG...552?pt=US_CSA_WH_Handbags&hash=item3a6f4cba38
here's one of their creeds, also with the infamous "marXings"
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