It's a watch of it's time, which I know isn't saying very much. It was during the introduction of the Incabloc shock absorber, and the movement is very likely a unitas or early ETA.
JLC made some watches like this one, as did manufactures like IWC. I would suggest taking it to a watchmaker and taking a close look at the movement within as there could be some signage in there.
All in all a good looking timepiece, and what an heirloom!
I'm looking forward to restoring my grandad's old Tissots and a few 36,600vph movements from God only knows where!
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Lee
This is my watch. There are many like it but this one is mine...
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