Un-branded German vintage $85!

What you have is a Durowe 422 calibre movement. My example is behind a Laco dial. Laco was founded by the firm Lacher & Co. in Germany, and Laco was a supplier of watches to the German military during WWII. The attached item pertains to Laco, but the link between Laco and Durowe is discussed.

https://en.m.wikipedia.org/wiki/Laco_Uhrenmanufaktur

The logo on the dial doesn’t belong to Durowe, Laco, or Lacher. The Durowe 422 (as in yours) was used a lot by countless watch companies with obscure brand names. I have two in my collection.

Durowe, in the late 1950s designed an early battery powered movement. When Timex became interested in battery powered watches, they discovered Durowe, and bought the company. Early Timex Electrics had Durowe battery movements in them.Durowe was eventually bought by SSIH.

You may notice that the Durowe 422 movement and dial I have shown are marked FOREIGN. This watch was made for export from Germany in the years shortly after WWII when stamping GERMANY on it was a deterrent to sales.