Coutura Watch Seiko Watches Discount Pricing: Seiko Watch Company dates back to 1881 where its roots can be traced back to Japan. As far as history goes, it is well known that Seiko introduced the first production quartz watch and was one of the only watchmakers which completely manufactured every component; no matter how small, on their own – which even included the lubricating oils and other minute parts. The company was the first to turn watches into “manufactured commodities”, they were and are completely vertically integrated and sell watches for as little as $50.00 or less.