1953/54 Lord Elgin Chairman
In the 50s, the Chairman was one of the most expensive watches, excluding the 50 millionth, that you could buy at $200. The case is 14k gold and the markers are 18k.
It is powered by the 626 movement, which has 21 jewels and is adjusted to 4 positions.
The crystal has a ridge that runs down the middle that matches the contour of the case.