Should I Buy This "LV" Belt?!?!?!?!?!?!?!?

I have been a huge fan of the Louis Vuitton Damier Graphite Initials Belt, but i feel that $435 + tax for a COATED CANVAS belt might be a bit ridiculous!!!! I have a relative who purchased a Replica belt for $40 and it looks just like the authentic ( I compared with a friend's authentic belt). Being that I am only 19 and in college , I feel that $40 is a much better deal,lol. What do you guys think???