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·I duno about the watch.....but I ask why would enyone wearba seat belt in a beetle?.....If you had to drive one of those horrid things you would want to die....surely
The belt was to keep the body and splatter inside the car in case of an accident probably. Picture is from 1972, the year after seat belts were made mandatory by law in Norway. In 1979 they were made mandatory to use.
And the watch is a Speedmaster, the obvious choice for running about in a 18 hp beetle.