The short answer
People searching for a fake grand complication 720.025 usually want the look of a five-figure watch for a few hundred dollars. I get it. But the grand complication category is the single worst place to buy a copy, and the alternatives on the other side are better than most buyers expect. If I had to pick one: a used genuine complication from a mid-tier maison, bought from a dealer with papers. Second place goes to a new watch from a brand that builds a real moonphase or annual calendar. Third is an honest homage that never claims to be the original.
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Why the 720.025 replica is the hard one
Grand complications are not just decorated cases. A real perpetual calendar or split-seconds chronograph runs on hundreds of parts, and the calendar has to know that February has 29 days in a leap year. Copies do not solve that problem. They fake the dial.
- Subdial trickery. On most copies, day, date and month all advance off one gear train, so they jump together at midnight or drift out of sync within a week.
- Thickness. Calendar and chronograph modules stacked on a base movement push the case past 14 mm. It reads wrong on the wrist even from across a table.
- Service. No parts supply, no service manual, and most independent watchmakers will not open the caseback. A broken copy is a paperweight.
- Customs. Bringing counterfeit watches into the United States is illegal, and CBP seizes shipments and destroys them. You eat the loss, not the seller.
- Resale. Zero. There is no secondary market, so the money is gone the day it lands.
My pick: a used genuine complication
This is where I would put my money. A pre-owned perpetual calendar, moonphase or full calendar from a respected mid-tier maker costs less than a decent used car and keeps most of its value. You get a movement that was designed to do the job, a service network, and a watch you can hand to a watchmaker without apology. Auction records for grand complications from the major houses show these pieces hold up over decades, which is the opposite of what a copy does. Buy from a dealer who supplies box, papers and a recent service invoice, and pay the extra for a return window.
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Second: a mid-tier brand with a real complication
Frederique Constant builds a genuine perpetual calendar with an in-house module at a price that embarrasses the big houses. Longines puts a real moonphase and chronograph in its Master Collection. Christopher Ward and similar direct-to-buyer brands do moonphase and GMT work with Sellita and SW-based movements that any watchmaker can service. None of these wear like a 720.025, and that is the point. You are buying a function, not a costume.
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Third: an honest homage
A good homage borrows the case shape and dial layout, stamps its own name on the dial, and uses a movement with parts availability. That last detail matters more than the finishing. If the movement can be replaced for sixty dollars by a local shop, the watch has a future. If it cannot, you are renting it.
If you still go the copy route
Then at least know what you are buying. Ask the seller which factory, whether the calendar is driven independently, and whether the caseback opens without a proprietary tool. Expect the subdials to be decorative. Expect no warranty that survives contact with reality. And understand that if the parcel is intercepted at the border, the money does not come back.
What I check before spending
- Movement name and number, written out, not just "Swiss style."
- Whether the complication is functional or printed.
- Case thickness against the reference you are chasing.
- Parts availability for the movement, checked with an independent watchmaker.
- Return window and who pays return shipping.
A grand complication is a function first and a status object second. Buy the function and the look mostly takes care of itself.