Yes, notice the Squirrel, which is the official Swiss assay stamp that denotes 14k, however we need to see the other side so as to confirm the observatory medallion is present and correct.
The internal markings look okay but no observatory. What is the origin of the watch? Perhaps also a more sharper, high res pic of the back so it can be examined
I am told they sold as from the seller Constellations without the observatory for comfort on the wrist ,,,,,,,