Edit: When I wrote the message below I hadn't seen ChristinaDanise's message above that it was already on the FOS sale; that may change your mind about taking a gamble!
I sounds like it is being deleted so it might be available more cheaply soon on the FOS or in Movado stores but that is a gamble. If you are not certain that you want to buy it then you might want to wait and take that gamble - but that's up to you. If you feel that you will be very disappointed if you aren't able to get it then you should buy it with PCE.
I didn't realize that you are in Canada when I advised waiting for a sale price. I know that the Movado Company Stores will do charge sales over the phone and ship items for $15 in the US. They are very willing to ship to other US states but I don't know if they will ship outside the US.
You might try calling a Movado Company Outlet Store (all the SAs that I have dealt with at Movado have been very nice and accomodating.) Explain that you are interested in a specific Coach watch and hoping that Movado will have it "at a discounted price" soon. (They may be able to find it in their system at full-price now but it may show up cheaper later.)
Ask if they will ship to Canada and how much that would cost, to help you decide if it is worth the gamble.
There is a list of Movado outlets at the link below. It is helpful if you have the Movado SKU numbers when you call. I checked on ebay and found numbers for 2 Kristy watches that I have listed below. You should check and see if these are the correct numbers and which is the watch you want.
They will check to see if they have it at the store and if not, they will check the computer to see if another store has it.
Good luck with your decision!
http://www.mallseeker.com/movadocompanystore.aspx
Kristy Watch Movado SKU numbers
14501300 (silver)
14501313 (gold)