Yes, I've done this many times. Note that a commodity is selected based on the characteristics of the watch, so a gold watch can't be the same commodity as a steel watch. An automatic movement can't be the same commodity as a quartz watch. So if you have different case materials, different types of movements, etc., these cannot be lumped together as one commodity. Also, if the values differ, I wouldn't lump them together as one commodity.
So while it's possible to use one commodity for more than one watch, they would have to be of the same physical characteristics (including country of origin) and value.
Also, you don't need to put in "timing instrument" (note that "precision instrument" is actually the term they use), because once you select the correct commodity from the drop down menu, it will automatically fill in the description for you, using terms that PP selects.
Cheers, Al
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