I got a counterfeit R7 CGB 5 Wood. Purchased from a seller that was supposedly in California.
When the club came from China, a said to myself OH SH___ !
Opened it up and it looked OK.
I hit about 50 balls with it, and noticed that the trajectory was wrong (lower ball flight).
Here are the differences that I was able to identify:
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The Serial Number was a different font.
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A shortcut was used in making the mold. The radius around the weight adjustments were squared off, rather than an arc.
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The Hosel was a little more narrow comming into the shaft.
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Finally the shaft seemed to be a little less stiff than the real thing.
There is No way you could tell from the pics. Plus they could use pics of the real club and ship the FAKE.