Haha I'm not too sure tbh. Mum has a quartz Santos which costs less than 10k, but she bought it a long long time ago.

Seeing yonggoh's Daytona reminded me - saw on WUS yesterday, the new rainbow Daytona is gonna cost a shocking 70k Euros apparently!
Also yonggoh, if you don't mind me asking, what credit card company did you redeem it from and for how many points?

Popped by Rolex KLCC to ask about the Tudor Black Bay. The girl there said it should be coming in April (so soon ) and will cost approx RM10,500 after discounts. Perhaps it is time to add another diver into the collection

Well..its one of the watches which I had in mind previously but didnt pull the trigger.

Anyways, back to your Q. I think the reason why its not COSC is 3 day power reserve= 72 hours. As the power reserves wind-down to maybe like 20 hours or so, watches with big power reaserve tends to be less accurate as the torque release tends to be less linear. Most of COSC watches power reserve are in the 2 days range. For EG IWC 5001 7 days reserve is also not COSC.

Anyways, as you mentioned COSC is just a marketing tool, some really expensive watches are not COSC, like PP/Hublot/AP/ALS and so on... If COSC is a must, get a Rolex or Omega since mostly COSC. But heck..if accuracy is so important, get a quartz then.

To me PAM is an icon. Easily recognizable, great finish and ahem..not that accurate.. But its a great way to start . The best thing is the straps. There are plenty of OEM straps around to play which is not too expensive. Where to buy..get from AD since PAM's price is rather standard across and well worth paying extra bit for the peace of mind . Hour-glass or Sincere comes to mind. If you want cheaper options, then grey importers like collector's time or Hang Thai watch shop warrants a look. Or you can look ofor a dealer by the nick of dsiewmy at Malaysianwatch forum for good prices.

Happy hunting

I must say I agree with yonggoh here. Look at this way, the 111 /112 are the base model. Classic Luminors. But its not a in house movement. 15k for a manual wind watch....errrr...if it tickles your fancy, go for it. If you really insist on either both, I'll take the 111 as I find it weird without the seconds hand...as you wont know wheter the watch is ticking or not. Lol

But the flip side of buying these base models is that you can flog it off later without losing much. And yes the straps makes the watch looks different ....its like wearing a different watch each time you change straps which PAM is famous for. Nothing else comes close to PAM on that aspect. As for price, few months ago I was offered a 111 for 15,200 N series (when USD was not so crazy that time). The 112 is slightly cheaper..ooooo..dang I just saw..112 now cost 15k plus. RRP prices for 112 is 17,900 and 111 should be 19,500 thereabouts. You probably can get about 10% off from the ADs. Nego kau-kau lor

By the way, have you considered ROLEX?. The SubC is a very nice watch

Elite movement has been around since ~1990, I own a elite movement.
the pwr res (in steel) maybe ~20K b4 discount, new management maybe ~25%?
moonphase (in steel0 maybe ~22K b4 discount

some comment on Elite movement
http://forums.watchuseek.com/f27/how-does-...nts-482477.html

http://www.worldtempus.com/en/news/top-new...-power-reserve/

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Added on September 9, 2012, 10:26 am
fyi ball is working on their inhouse movement.

at ~5k budget can look into the below series, nothing chrono for sure
Fireman series
Engineer I
maybe Engineer Master

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Added on September 9, 2012, 10:30 am
@ littleBeettle
    That Ball Engineer Master II is priced at ~12K, far from his 5K budget... unless its 5K in USD or GBP or EUR or AUD or CAD?

@ starwalk2002
    U looking at ~RM5k?? or some other currency?

this watch? yes its reasonable

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Added on September 9, 2012, 7:48 pm

Anonimo? good, the company is form by a bunch of Panerai watch makers b4 Pam move their operations out of florence.

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Added on September 9, 2012, 8:20 pm

Elite is a well made movement, quality/durability/accuracy are about as as good as Big 'R'

for half the cost can get nomos Tangente Datum Gangreserve, I feel nomos decorate their movement better than Zenith.
http://www.nomos-store.com

or these
- Jaeger LeCoultre Master Reserve De Marche
- Girard-Perregaux Vintage 1945 King Size One
- Dornblueth & Sohn Calibre 99.2
- Maurice Lacroix Masterpiece Double Retrograde
- Maurice Lacroix Masterpiece Phase de Lune
- Maurice Lacroix Masterpiece Lune Retrograde (both pwr res and moonphase)

it retails ~35k, not sure can get below 25k. discount of jlc varies from series to series.  maybe ~28k is my guess.
this 40mm model?

can consider Glashutte Original Senator Panorama Date Moonphase



or the Glashutte Original PanoMaticLunar



JLC movement not as well decorated as GO, I love GO swan-neck regulator, the double swan neck is beautiful!