£480
IWC Staufer & Co. 'Peerless' 18ct engraved lever fob watch, gilt frosted movement with stamped trademark and signed 'PEERLESS', the git dial with Arabic numerals, engraved centre and subsidiary seconds dial, blued steel hands, case no. 408268, case maker 'CN', 43.9gm, 36mm (the movement requires repair)
Movement - currently fully wound but not running, so will require attention.
Dial - mild marks.
Glass - mild marks.
Hands - good.
Case - good.
Crown - adjusts hands, but not winding.
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