drfcfighter said:
hongkytonkman said:
Aside from the 7753 pams, the majority in Korean rep forums
think purchasing 1000USD and over reps(modded or even out of the box) are just crazy.
Especially the recent high dollar vs weak KRW(50%? past few months),
1,000USD nowadays feels like 1,500USD
Just my 2cents
PS : Services(overhaul, custom mods etc) are way more cheaper in Korea, and most watchsmiths are rep-friendly as well.
HKT
that makes sense. I guess I understood it wrong. How big is the rep market in Korea anyway? You don't really hear much about it.
Hi Fighter
,
Hmm.. hard question.
Before the Chinese rep markets expanded dramatically together w/ the capitalism-friendly policies driven by the CN government..
countries like S.Korea actually had some shares of the rep market..that is.. from watches to clothes.
And as you may well know, before the LCD's , Semiconductors, etc industry began to grow to such a level, this small peninsula was known for its textile industry etc.. and also cheap cars
Added to that industry environment, these Asians having delicate hands('Chopstick culture') and somewhat fastidious tastes in almost everything(IMO), replicating accurate counterfeit goods seems to be justifiable. (added to the lack of sense and morals which buying/producing fakes are BAD
)
Answering your question, there is indeed a huge fake market in Korea, you can see TONS of fake LV bags women carry on the streets of Seoul. As for the production sites, they are diminishing significantly as China is now center of these factories. FYI last week, a huge replica importer got busted by customs for illegally importing USD 600K worth of fake watches from CN.
They were to receive these watches in parts, and actually assemble them in Korea.
I've even heard stories from friends who visited rep shops in China that Chinese dealer's tried to scam potential buyers by saying the offered products are made from Korea LOL
Anyways, REP markets are still active here, and quite easy to get an acess of fake goods; we have local forums such as RWI
. But Made in Korea REP watches are likely to be found these days.
Actually I'm looking forward to a local GTG tomorrow, and I hope to get some pics to show to the RWI crowd as well. Since most WIS's here are passive to buy parts on the bay or forums like RWI ,(language barrier etc.) some acquire parts directly from watchsmiths who cut, grind,polish to manufacture their own parts to their liking.(LH being on of the fellows)
HKT