I have a few boxes but the majority of my watches live in a generic mutli-watch box. Interestingly comparing my gen Omega red leather box with a rep one I got from Josh the rep looks pretty good until you smell it (also it is a slightly different shade of red). I have a Tag box black leather box which is a bit "so so"qualitywise and a bakerlite Breitling box which is great (it's in my avatar).
My advice: put your credit card back in your wallet and read around this forum. Stick to dealers on here and you will be in a much better position.
EDIT: To be clear, they aren't Swiss Reps, the grade system is made up. Read the information here.