The Swiss Customs Service estimates in between 30 to 40 million counterfeit and replica watches are put into circulation annually. These counterfeit watches trigger considerable damage to the watch business, both financially due to possible lost sales and also brand degradation as a result of the industry becoming flooded with counterfeit copies with the original watches.

The annual trade show with the watch industry identified as BaselWorld attracts many attendees from China who devote their time photographing the most recent models becoming displayed by the best luxury watch-making brands. The photographs of these new and prototype watches then come across their way back to producers in China exactly where they are quickly copied and produced into replica watches. The counterfeit timepieces are then rushed to industry, generally in advance with the authentic watch.

It is estimated by Swiss Customs that 40% of replica watches originate in China, despite the fact that counterfeits are also manufactured elsewhere, which includes the United States. In October of 2006 police in Florida arrested a woman who had been operating a counterfeit watch business that earned about $8 million in sales. It really is estimated that counterfeit watch sales worldwide cost Swiss watch producers additional than $600 million per year in lost sales. Once these counterfeit watches have been confiscated, it truly is the obligation of the Swiss Customs Service to destroy them. Surprisingly, in Switzerland people are allowed to maintain a maximum of one counterfeit watch per person, provided they personally import it into the country. Additionally, the watch becoming imported should not contain any forged precious-metal hallmarks.

Two Forms of Counterfeit Watches

Counterfeit watches are divided into two groups:
The first group is comprised of low-priced imitations of watches. A low-priced counterfeit watch attributes the name of a prestigious brand, but lacks its style and functions.
The second group involves counterfeit watches developed to resemble the original authentic watch (a trade-dress violation). Some high-priced counterfeit watches are produced from far better quality supplies and have golden parts and leather straps.

Replica Rolex Watches

1 with the a lot more well-known counterfeited watch models are the Rolex replica watches - that are illegally manufactured replicas of authentic Rolex watches. As with quite a few of the high priced brand-name luxury watches out there, Rolex watches can regularly be discovered being counterfeited and sold illegally online along with the street. The counterfeit Rolex watches are mostly produced in countries that contain Taiwan, Korea, India and China (statistics from 2004 show that 54% of counterfeits seized originated in China) and is usually discovered retailing for as little as $5 and as high as $1,000 or far more for high-end replicas fabricated in gold, although the majority of counterfeit Rolexes use gold electroplating. The trade in replica Rolex watches has develop into sophisticated, total with full-color glossy brochures and catalogues of counterfeited watches produced in China and provided for sale to retail vendors.

Characteristics of a Counterfeit Watch

You often hear that you can tell a counterfeit watch from an authentic 1 by the smooth movement with the second hand. This can be a myth, due to the fact that several counterfeit watches use inexpensive quartz crystal engines which generate the telltale start/stop movement visible as soon as per second of the sweep. In case you observe closely you'll see that even an authentic Rolex movement does not have a perfectly smooth second-hand sweep, but in fact eight movements per second. The only watch mechanisms that had a second-hand with an accurate, uninterrupted sweep had been the Seiko Spring-Drive as well as the Bulova tuning-fork movement. That becoming said, a few of the far better counterfeit watches on the market have automatic movements, and Rolex has produced a couple of models with quartz movements which produces the distinct quartz movement ticks.

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