ZF Factory is the second busiest name in the May 2026 update of the r/RepTime "Who Makes the Best" guide: it is the first choice in 49 rows, behind only VSF. Its strongest lines are the AP Royal Oak, led by the 15500 with a free-sprung 4302 clone, most Tudor Black Bay models, IWC, and Patek and Jaeger-LeCoultre models on Miyota movements. ZF had a supply problem in June 2025, and its watches were back in owner reviews and QC posts in 2026.
ZF Factory at a glance
| Status, October 2026 | Producing. In June 2025 a raid hit a wholesaler that held ZF and Clean stock, and supplies slowed. |
| Known for | AP Royal Oak and Offshore, Tudor Black Bay, IWC, Jaeger-LeCoultre, Patek on Miyota bases |
| Main movements | 4302 clone (15500), 3120 clone (15400, Offshore), Miyota 9015 (15202, Aquanaut, Calatrava), A23J (Big Pilot), VR3186 (Black Bay Pro GMT) |
| Community guide, May 2026 | First choice in 49 rows, mostly Super Rep; no NWBIG rows |
| Where to buy | Reverie Watches and RepTime Boutique on our Trusted Dealers list list ZF watches |
What ZF makes best: the May 2026 guide
| Model | Movement in the guide | ZF's place |
|---|---|---|
| AP Royal Oak 15500 (premium version) | 4302 clone, free-sprung | First, Super Rep |
| AP Royal Oak 15400 and 15450 | 3120 clone | First, Super Rep |
| AP Royal Oak 15202 and 16202 Jumbo | 9015 Miyota | First |
| AP Royal Oak Offshore 15703, 15710, 15707 | 3120 clone | First, Super Rep |
| AP Royal Oak Offshore 15720 | 4302 clone | First, Super Rep |
| Tudor Black Bay GMT models | 2836 Asian GMT | First, Super Rep |
| Tudor Black Bay Pro GMT | VR3186 | First, Super Rep |
| Tudor Black Bay 58 | 9015 Miyota | First, Super Rep |
| IWC Big Pilot and Big Pilot Miramar | A23J | First, Super Rep |
| IWC Portugieser Chronograph | Modified 7750 | First |
| Patek Aquanaut 5167, 5168 and 5165 | 9015 Miyota | First among Miyota versions |
| Patek Calatrava 5227, 5296 and 6007 | 9015 Miyota | First among Miyota versions |
| Rolex Sky-Dweller | Custom | First, Super Rep |
For the Patek Aquanaut and Calatrava 5227, the 324 clone versions are a different choice: DDF leads the Aquanaut and 3KF leads the 5227.
ZF status in 2025 and 2026
- June 13, 2025: a thread said that ZF "got investigated" and closed until further notice. In another thread the same day, a top commenter wrote: "A wholesaler for ZF and Clean got raided. Not the factory itself. Supplies will be slow as a result."
- February 20, 2026: the guide added the ZF Tudor Pelagos Ultra 43 (A2824) and the Black Bay Pro GMT (VR3186) as Super Rep.
- May 30, 2026: the guide maintainer wrote that "ZF free sprung is currently the best for the 15500 and some other models", and moved MKS ahead of ZF for the Overseas 4500V because, in the maintainer's words, "the ZF movement sucks bad".
- June 8, 2026: a top poster wrote that ZF was taking over the IWC line after the APSF raid, with a Dandong movement that only APSF had before.
- August and September 2026: an owner reviewed a free-sprung ZF 15500, and a buyer posted QC photos of a blue ZF 15500 bought for 528 USD shipped.
- October 2026: in a thread about the gap that APSF left, a member wrote that ZF "makes a very nice 15500 with a free-sprung balance".
ZF movements: what the labels mean
4302 clone (Royal Oak 15500). In 2022 the author of an APSF and ZF comparison believed that both factories bought the same clone 4302 core and engraved it themselves. The current premium version is free-sprung. In August 2026 an owner credited it with better stability and a cleaner caseback, but heard a dry whirl from the rotor at quick wrist movements, and expected a service to fix it.
Miyota 9015 under a clone name. The guide lists the Royal Oak 15202 and 16202 Jumbo on a 9015 Miyota. A 2023 owner review called the same movement an "Asian Clone 2121" and then said it was Miyota-based, with a slow date change from 11 pm to midnight. The ZF Patek Aquanaut and Calatrava models also use the Miyota 9015.
Tudor and IWC movements. Most ZF Black Bay models use Asian 2824 or 2836 GMT movements; the Black Bay Pro GMT uses a VR3186. The IWC Big Pilot uses an A23J, the Mark XVIII and XX a Miyota 9015, and the Portugieser Chronograph a modified 7750.
"ZF v2" Vacheron Overseas. In May 2026 a commenter said that this movement is a decorated DG2813, and the guide maintainer called it "completely horrible compared to the tried and true miyota". The guide now ranks MKS first for the Overseas 4500V.
What owners report about ZF
Royal Oak 15500. In a January 2026 comparison, a reviewer wrote that before VSF arrived, ZF "had unbeatable material, metal finishing", and that ZF bracelets beat APSF's. The reviewer found the VSF bracelet "just as good as ZF if not better" and called VSF "a new king of AP15500 reps". In 2022 the author of a comparison thread wrote that ZF 15500 dials were considered the closest to the genuine dial. An August 2026 reviewer measured about 10.5 mm, against about 10.4 mm for the genuine watch. A September 2026 QC timegrapher showed +5 seconds a day.
Royal Oak 15202 Jumbo. A 2023 owner found the bracelet almost identical to the genuine one in feel, a case about 0.3 mm thicker, and hands with a wider base.
Earlier batches. A 2022 owner reported "Jewees" in place of "Jewels" on an early 15500 movement, corrected in a later batch.
Where ZF falls short
- Miyota-based models sold as clones. Check the movement of a 15202, Aquanaut or Calatrava before you pay a clone price.
- The ZF v2 Overseas movement. The guide ranks MKS first.
- The blue Royal Oak 15510. The guide maintainer prefers Top Factory for the blue dial.
- Supply breaks. The June 2025 raid on a wholesaler slowed ZF and Clean supplies.
How to buy a ZF watch
- For the 15500, ask for the free-sprung version and a movement photo that shows it.
- For a 15202, Aquanaut or Calatrava, expect a Miyota 9015 and check the date change.
- In the QC photos, check the Tapisserie pattern, the date window, the hand tips and the bracelet.
On our Trusted Dealers list, Reverie Watches covers Audemars Piguet and Patek Philippe and lists ZF watches, and RepTime Boutique lists ZF models in its catalogue. Ask either dealer which ZF version is in stock.
For direct comparisons, read APS vs ZF on the Royal Oak and ZF vs 3K Factory.
Sources
All dates are the posting dates of the threads.
- Who Makes the Best guide, spreadsheet updated May 29, 2026 (r/RepTime)
- Updates to the guide of Feb 20, 2026, posted February 21, 2026 and May 30, 2026 (r/RepTime)
- ZF got investigated, June 13, 2025 and ZF factory was raided? June 13, 2025 (r/RepTime)
- ZF is taking over the IWC line after the APSF raid, June 8, 2026 (r/RepTime)
- Who makes the best: post-APSF? October 1, 2026 (r/RepTime)
- AP 15500: APSF V2 vs ZF V3, August 26, 2022 (r/RepTime)
- Full review: ZF AP 15202ST, April 29, 2023 (r/RepTime)
- AP 15500 comparison: ZF vs VSF, January 15, 2026 (r/RepWatchForum)
- Review of the free-sprung ZF 15500, August 20, 2026 (r/RepTime)
- QC: ZF Royal Oak 15500 blue dial, September 24, 2026 (r/RepTimeQC)
Related pages
- Audemars Piguet buyer's guide
- IWC buyer's guide
- 3K Factory profile
- Replica watch movements explained
- Trusted Dealers list
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