A new amateur video that recently surfaced online purports to show an image of Iceland's version of the Loch Ness monster. Real or hoax? You be the judge.

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The video above was shot on Feb 2nd by local resident Hjortur Kjerulf and it appears to show a snake-like creature slithering through the frozen water of the Jökulsá í Fljótsdal river in east Iceland.

The monster is known as Lagarfljótsormurinn and has been a part of Icelandic folklore since 1345.  According to legend, a young girl once placed a gold ring around a worm, which she believed would make the ring grow. Instead, the worm grew to a frightening size and she tossed it into the river, where it remains today.

But according to some experts, this footage may not be what it seems. Loren Coleman, who authored a book on the creature, doubts that the video is real, pointing out that it appears to show a "constructed" object with "rigid sections." What do you think? Are we seeing an actual sea creature, or a special effect created as digital marking for Michael Bay's 'Nessie'? (You know he'll make that one eventually.)

[via ABC News]