Quote:
Originally Posted by tony20009
I really don't care whether my or your (seems to be) Rolex is authentic.
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Agreed, and your reasoning is sound. I'm just saying the average buyer of a fake watch would not be...uhhh...processing the social implications vs. mechanical advantages of a fake Rolex
Quote:
Originally Posted by tony20009
I strongly believe the market for fake watches exists primarily in the PRC where literally billions of people buy not only fake watches, but fake, copies, of all kinds of stuff. I'd be shocked to find that the quantity of folks who buy fake watches in every U.S. city combined comes close even to the quantity of folks in one large PRC city who buy fake watches. Some estimates place the value of the counterfeit goods market in China at ~$20B or ~20% of the Chinese domestic market. In a market having at least five billion consumers, that just dwarfs whatever be the number of fake goods consumers in U.S., such as in Times Square or Chinatwon New York, and similar locales in other major U.S. cities.
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True. Never thought about the local market!