As of the time of this review, the MSRP of the Monarch is $335 (though I bought this one off of Amazon for $160). The Monarch is a classy dress watch that is rather conservatively styled (once you look past the serif hour markers). This model comes with a leather strap, stainless steel buckle, and an exhibition caseback.
Like the Bambino, which I still maintain is the best automatic watch you can buy for under $250, the Monarch hits that sweet spot where what it brings to the table greatly exceeds what it costs to eat there. You won’t find another quality mechanical – let alone with a power reserve complication – at this price point until you start looking at no-name Chinese-manufactured movements.