Formal attire deserves a proper dress watch. A simple classic understated watch with a leather strap is the proper companion for formal wear. Patek Philippe and Vacheron Constantin make the finest classic dress watches. Most people would probably not willing to spend the cost of a very decent car on a fine timepiece.
There are good low cost alternatives to expensive Swiss dress watches. The Orient Watch Co. Symphony and Bambino collections are good choices for those looking for a good, low priced, classic dress watch. The Orient Symphony has a 41 mm case and a flat glass. The Orient Bamboo has a 40 mm case and a domed glass. Like a proper classic watch, both the Symphony and Bamboo have self winding mechanical movements. Should you meet a timepiece enthusiast during a formal event, you will get a approving nod to having selected a watch with a proper mechanical movement.
While Orient may not be the most prestigious watch brand, those who appreciate timepieces will also give an approving nod for having selected a watch from a manufacturer that builds it's own movements in-house. Orient prides itself with the fact that it manufactures all it movements in-house. This is something few Swiss manufacturers can claim.
All-in-all the Symphony and Bamboo offer a lot of class for watches than can be had for about US$200.
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