It was interesting to research this watch, a very long history starting in the 1860's with Roskopf. He wanted to build a watch for the working man. Priced at a point that anyone could afford it. His answer was the Pin Pallet or Pin Lever watch. Literatley over the years millions upon millions were made. US companies included Ingersoll, Watertbury, US Time, Timex, Westclox, and Bradley. Swiss makers included Rego, Bettlach, Baumgartner, R Lapanouse, and Oris. Oris was from the German speaking part of Switzerland. Some regulation did not allow them to make a high quality escapement, They added jewels to the Pin Pallet/ Pin Lever escapement and supposedly make one that meet COS. Much to the chagrin of the French speaking Swiss makers. Happy to have a good example of a high end cheap workers watch.