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I believe several factors may be coming together to make for the lower prices you have found. Someone mentioned older models no longer in production. Someone mentioned smaller size which is not as popular as it once was. One thing I notice in the pictures is the folded metal bracelet which really lowers the cost and will really break the deal for some people. The watch is also an older less popular style. I have two Orient watches and I really enjoy both of them. They are not as inexpensive as those you have found, but they can be had for under $200.

 
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