Magrette timepieces is based in Auckland (City of Sails), New Zealand. It is a young brand founded by Dion Wynyard McAsey. Not unlike many start-ups, they use the internet to sell to clients around the world, therefore eliminating the middle man and significantly reducing overhead. This approach appears to be working, as one collection is already sold out and the collection mentioned in this article, the Regattare Moana Pacific, is almost sold out.If you are interested in the watch (pictured), then you should act fast, as it is almost sold out.

It features a fully polished 44 mm stainless steel case with a 21 jewel Miyota automatic movement, screw-down crown, domed sapphire crystal, luminous markers, 100 meter water-resistance and your choice of either brown or black leather strap.I have spoken with the founder, Dion McAsey, and he says, the next watch that will be offered is the Moana Pacific Diver. It will be available beginning in January. The price is $345.