4 Simple Ways To Spot A Fake Rolex Watch

4 Simple Ways To Spot A Fake Rolex Watch

MEGAN WILLETT JUL. 30, 2013, 7:55 PM 3,687 5

rolex-cyclops-lens-watch

Even if you’re not a watch aficionado, chances are you’ve heard of the Swiss brand Rolex. Rolex is a widely known status symbol, with over 700,000 of its timepieces pumped out annually. It’s also one of the most counterfeited watch brands out there. Bloomberg interviewed watch dealer David Duggan, who has been selling watches since 1975, to find out the best way to determine if a Rolex is fake or not. Here are some of his top tips:

1. The cheapest fakes are easy to spot because of their quartz dial movements. The second hand stutters along inside the counterfeit watch, whereas a real Rolex has a smooth second hand movement. If you’re still unsure about the difference between a “stuttering” second hand and a “smooth” one, listen closely — there should not be a ticking noise coming from a true Rolex.2. The second way to spot a fake is by the heft of the watch. Fake Rolex watches are generally lighter, whereas a real Rolex is made of high-quality metals, and will weigh significantly more.

3. Next, take a look at the winder on the side. Usually, fake Rolex watches have rather basic winders to move the minute and hour hands. But a true Rolex will have a finely-crafted winder with engravings and grooves that are “quite a work of art,” according to Duggan.

4. Last but not least, the cyclops lens on the face of the true Rolex will magnify the date. It’s hard to replicate, so most counterfeit timepieces will skip this step and the date will appear the same size. The cheapest watches sold on the street are pretty easy to spot. Duggan cautions it’s when the fake watch is sold for over $700 that you will need to take your purchase to a watchmaker so he or she can remove the back of the Rolex and view the inner movements to know for sure if it’s a counterfeit or not.

And always remember: “If it’s too good to be true, it ain’t true,” Duggan says.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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