That being said, if you really have hundreds-of-thousands of dollars to spend on one item, we'd recommend you show some generosity. Find a company that buys its watches through authorized dealers and distributors, so that they can offer brand-name watches at reasonable prices and donate the other five-hundred-thousand dollars you were planning to spend to a charity of your gift-recipients choice. You can even do it in honor of the loved one. It may make a better gift for both of you.