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The Swiss Customs Service estimates between 30 to 40 million counterfeit and replica watches are put in to circulation yearly.marina replica These counterfeit watches cause considerable destroy to the watch industry, both financially because of potential lost sales and also brand degradation because of the market being flooded with counterfeit copies of the original watches.
The annual trade show of the watch industry known as BaselWorld attracts several attendees from China who spend their time photographing the latest models being displayed by the top luxury watch-making brands.Constellation Replica The pics of these new and prototype watches then find their way back to manufacturers in China where they are quickly copied and made in to replica watches. The counterfeit timepieces are then rushed to market, usually in advance of the authentic watch.Constellation Replica It is estimated by Swiss Customs that 40% of replica watches originate in China, although counterfeits are also manufactured elsewhere, including 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 is estimated that counterfeit watch sales worldwide cost Swiss watch manufacturers much over $600 million per year in lost sales. One time these counterfeit watches have been confiscated, it is the duty of the Swiss Customs Service to destroy them. Surprisingly, in Switzerland individuals are allowed to maintain a maximum of one counterfeit watch per individual, supplied they personally import it in to the country. In addition, the watch being imported ought to not contain any forged precious-metal hallmarks.
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