Very nice and collectible chronograph. Unfortunately, I think the tip of the sweep seconds hand has broken off, and the hand itself is rusty, but otherwise it seems to be in nice condition. The movement was made by the Martel company, and similar movements were also used by Universal Geneve in their chronographs. I think the value is realistically in the general area of $2,500 USD in its current condition if you were to sell to a collector or on eBay. Other people may have different opinions on value, and honestly it's difficult to do a precise valuation without better photos and more information. Obviously, professional dealers will ask higher prices when they sell this reference. The strap is too narrow for the watch.
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