I certainly paid less than that but not much less to be fair.
Whilst it is expensive as I said, I felt like it was worth it as the box was just sitting there doing nothing but looking great. I justified it by putting it into context with the price of a speedy, an additional 10% to have a brilliantly useful Omega watchbox which shouldn’t wipe out any discount you got on your Speedy
I would say the quality is excellent and rivals any premium branded watch box like Rapport, Wolf etc.
But hey it’s a choice!