No idea what “features” you’re referring to. My Movado was just over a grand and it only tells the time.
Had it in for a battery replacement, I was warned by my wife that they’d had to send it away. No issues and I was out of there 15 minutes later.
I’d look around and see if a high end jeweler could fix it in-house before I’d okay an $1100 bill
Good luck either way