Man, this is really interesting because I really do wonder whether prices of original DONs will fall.
Obviously there's the argument of "if you can't tell the difference . . .", but I seem to remember a similar thread where the OP talked about having to check the quality of the metal and bezel ring itself. So in my mind there's probably still a bit of time/effort/etc as the community starts documenting and detailing specific tells of what makes a DON authentic (metal quality/wear/thickness/etc).
As a result, I wonder if this is more an argument of whether these fake DONs will decrease the value of authentic ones by being a substitute good (e.g. people can get something that looks just as good for less).
However, I'd argue that prices of DON probably won't decrease. Why? Because we already have a pretty good official and real substitute good. The DNN bezel. The fact that DONs still command a premium while there's a bezel that looks almost exactly the same with the absence of a god damn single dot over ninety should tell us that as long as there's ANY way we can distinguish a real vs. a fake DON, then the prices should remain stable.
And collectors have just as much incentive to keep prices of their "investments" high as the fakers do making counterfeits.