Value of counterfeits seized: $8.4 million
Retail value: $112.7 million
Percentage of total seizures: 5%
Watches are the classic counterfeit -- and they are also among the trickiest for even connoisseurs to spot.
Lesser materials and cheap inner workings used to be obvious in a watch that feels lighter and doesn't work as well as the real thing, but "modern technology allows counterfeiters to reproduce watches at a level of detail that's frightening," noted Michael Friedman, watch expert and horological director of Antiquorum auction house.
One of the best ways to make sure a timepiece is legitimate is to examine the box and certificate to see if the serial numbers on the accompanying material match up, Friedman advised.
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