Although it looks like it should run, this is not a watch, but a carefully detailed coin which appears to be a gold pocket watch. The intent was to give these out as an award to a brother for going above, and beyond. The back can be engraved with whatever you like, to mark the ocassion.
This is a gift that is something less than a Golden Trowel, but more than a simple pat on the back, but sure to be appreciated.
It comes with a pocket watch chain.