VS Factory has published the AP 15500 for weeks, I wrote a review about this watch at https://www.susanreviews.com/2025/12/29/vsf-ap-15500/, today, I want to make a comparison review on the 15500 grey model between APS and VS.
I did not see the genuine watch, I do not know which one is closer to genuine watch, I think both are very good replicas.
First, dial color.
The left watch is from APS, the right watch is from VS. Both have grey dial. The grey color on APS 15500 looks slightly darker. And at some angles, the light reflection looks stronger on the dial of APS 15500.







Second, hour markers and hands. Check the two pictures below. Both watches have very good polishing on the hands and hour markers. On APS 15500, the hour markers feature wider luminous material, the white luminescence on the hour markers of VS looks narrower.


Third, date font. Look at the date font below. APS 15500 has a pure white date font that looks slightly thicker. VS 15500 has a warm white date font. The axis of hands looks different, it is solid on both watches, but I like the solid axis on VS more.


Fourth, the first link. Are you able to find the difference on the first link? The two pictures below, first watch is from APS, second watch is from VS. On VS 15500, there is a bigger gap between the first link and the main case. So you can feel the first link and even the entire steel bracelet are more flexible on VS 15500. Because of this, the case of VS 15500 maybe fit your wrist more comfortably.
By the way, like I mentioned before, the bracelet of APS 15500 has 24 links, which has one more link than VS. If you have a big wrist, maybe APS 15500 is a better choice.


Fifth, the comparison of AP logo on the clasp.


Sixth, the movement. The following pictures show the SH4302 movement from APS, this is the latest SH4302 with free-sprung balance, APS just released. It features weights. The auto rotor is rose gold, but that sculpture AP looks yellow gold.





The following pictures show the movement DD4302 from VS. It is not real free-sprung movement even you do not see the regulator. There are no weights on the balance. But the golden tone of the auto rotor is better.




