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Why? Because the Communists always wanted to elevate their evil system to be on an equal basis of the West. It still goes on with the likes of China, Iran and North Korea. Propaganda.
anyone see such one with better condition?
I think it seems to be too worn out to be produced after 1992...
If the watch was made any earlier than the 1990s, that would support my theory that it depicts Liberace and Charles Nelson Reilly.
I could, except that the USSR, Communism and the role of the Communist Party were all formally dissolved before that, in Dec 1991...
What's the history of them?
Or it could have been made around Feb 1992 to celebrate Presidents Bush and President Yeltsin formally ending the Cold War, and their joint declaration to that effect...
The communists ran the joint from 1917 until the concept went bust, but their mentality didn't change overnight. In fact Putin considers the fall of the USSR to be one of the great disasters of the 20th century. The watch in question is along the lines of other such watches made in the USSR over the years, usually with Soviet figures (cosmonauts, Olympic heroes, politicians and the like). Who knows, maybe they made a watch of Khrushchev banging his shoe at the UN.
I'm just kidding. It's absolutely Bush and Yeltsin and undoubtedly commemorates what khanmu says it does:
Russian watches with painted dials are pretty plentiful, and Yeltsin certainly appears on quite a few of them.