People sometimes misunderstand the “gray market†to involve fake watches. This is wrong. Gray market watches are authentic watches sold outside of an authorized dealer. They can be used watches, or watches sold from an authorized dealer to a different dealer. Gray market watches may not always be in “brand new condition†(though most are), and you won’t get a factory warranty, but they aren’t fake. The reason it is called the gray market is because it sits between the white (authorized) market and the black (fake) market. Like I said, in virtually all instances, gray market retailers are not involved with the purchase or selling of counterfeit watches.

A few years ago a consortium of high-end Swiss watch brands known as the Fondation de la Haute Horlogerie (FHH) began a publicity campaign with the message that “ Fake Watches Are For Fake People. †I don’t think that the message truly resonated with an English speaking audience, but it showed a serious effort on their behalf to pressure people into buying the real thing. Apparently the more fakes made, the more popular one’s brand is. It was a telling sign of a lighthearted approach to the issue. Why wasn’t he more concerned?

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Rolex has also made a reputation in watches suitable for the extremes of deep-sea diving, aviation and mountain climbing. Early sports models included the Rolex submariner, Oyster Perpetual Sea Dweller 2000 (in 1971). This watch featured a helium release valve, co-invented with Swiss watchmaker Doxa, to release helium gas build-up during decompression. Another sports model is the Rolex GMT Master II, originally developed at the request of Pan Am Airways, to assist pilots in transcontinental flights. The Explorer and Explorer II were developed specifically for explorers who would navigate rough terrain – such as the world famous Everest Expeditions.

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