The magician shows a small black bag. She's completely empty.

A silk handkerchief is lowered into the bag. However, then instead of a scarf, the magician takes out a Santa Claus hat from the bag. Then he turns the bag into a suit of Santa Claus.

Where is the handkerchief? ..

The viewer finds him in the pocket of a red suit of Santa Claus!

The original New Year trick!