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Tag watches, in my experience, tend to have the battery leak BEFORE they have completely run out! It's best to get a quartz Tag done within a certain timeframe, which I'm sure tag will recommend (possibly every 2-5 years, forgive my vagueness on this, it's been a while).
Having lost a watch, I don't think I could spend that much on one.
And as for Quartz movements, they're pretty much all the same technically and incredibly simple, so why some cost £5 and some £250 is almost entirely down to what name is on the case it's going into.
Seriously, their's so much BS in watches it makes some of the cork-sniffing on MyLesPaul forums sounds actually plausible.
Rolex - not hand made.
Omega - not hand made.
Lang & Heyne - hand made, but now we're at the silly end of the spectrum.
Rolex and Omega are as hand made as Seiko and Citizen. You are not paying all that extra cash for a better watch, you are paying for the name/badge.
BTW for those that like an "honest" watch, check out Christopher Ward. Good swiss movements housed in nice cases at reasonable prices and best of all a British Company.
Just as long as people are aware of the incredible (IMHO) diminishing return levels when you're looking at expensive watches and that they're not lovingly hand crafted cog by cog by swiss elves with tiny files.
Oh and obviously if you want a watch that tells the time as accurately as possible, buy a £5 quartz from the petrol station