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I've had a Seiko with this movement for about 30 years. Cost $11 back then, as I recall. It was never cleaned or repaired, though worn daily for about 10 years. I use it when playing sports and it is still relatively accurate. Should note though, unless they've changed the movement, it cannot be stem wound. Of course, power reserve does diminish as the watch ages.
ewatches also has the SNK807K2 for $9 less; same exact watch but in blue. It's not listed as a "daily deal"
#1 must have gotten a heck of a deal back then, 30 years ago you could barely even get a battery powered entry level timex with a metal case for $11.
I have just a Seiko SNK807k2 from ewatches.com for $54.00. It arrived with a cheap plastic MADE IN CHINA box. The warranty form stated that it is NOT warranty through Seiko but through their own "ILS Watch Warranty".
Ewatches.com is NOT an authorized dealer. Buyer beware if you are going to buy something expensive from an UNAUTHORIZED DEALER. I wished I would of been more careful. This SEIKO has a VERY HIGH chance of being a "knock-off"/"imitation"/"fake". Do I need to say more?