If that's the price including the labor, I'd say it's definitely on the low end of the cost scale for this sort of work.What happend is I was adjusting the movement in palce so the leaver set was aligned properly in the case and I did a stupd thing by knocking the balance wheel with a screwdriver while the watch was running. The watch still ran but the balance wheel was loose and not spining freely and hiting the movement. I took the watch to get repaired and the person told me it needs a new balance wheel or a new balance staff, I am not sure which one it was? They said they had to order a new one and install it and if that is all it is the cost would be around $80. So first I am just wondering if this is a good price for this job and second if it is even woth repairing if it is the balance wheel? what are your thought on this?