My day to day watch is a Festina that I bought in Palma Nova several years ago for the princely sum of 65 euros. All the other Festina watches in the jewellers were well over 200 euros, so I asked the owner why the price difference. (I've been in there many times buying Lladro, Swarovski, etc and it's a "proper" jewellers) He said all the others were new models and this was the end of the "old" stock. As it was the end of the season (late October) he wanted to sell it off before he closed for the year. When I got home, we went to the Trafford Centre (yes, I know) and looked in the jewellers there. Surprisingly, the same watch was £235 in both shops! Bargain.
My daughter bought me a Tossit (sorry, Tissot) watch for Christmas 3 years ago, and I wear it for more formal occasions.. When she had bought it, we went across the street to Mappin and Webb, and she got herself a Rolex!!
I also have several watches upstairs that are exactly right to the second twice a day, including the watch my mum and dad (RIP) bought me for my 21st birthday. It still works when I wind it up.