Minimal expected wear, exactly as in the images. A monogram from 1932, but the watch is likely slightly older. The watch is winding, ticking and keeping reasonable time.PLEASE NOTE: Reasonable time denotes a vintage clock or watch that keeps time to within a reasonable standard over 24 hours. This is usually within + / - 5 mins over 24 hours. No vintage clock or watch is deemed waterproof due to their age.