I do not know what the issue is but it will not run. The serial number on the mechanism dates it to approximately 1903.
The watch is missing the crystal and the dial has a little damage right around the "5" marker. The case measures approximately 29mm across and it weighs 23 grams total. This antique watch looks beautiful and is in need of a new home. HI, AK, PR & APO/FPO may be extra. Local pick-up can be arranged.The item "Antique Waltham 14k Yellow Gold Pocket Watch + Diamond Hunter Case Ruby Movement" is in sale since Thursday, November 30, 2017. This item is in the category "Jewelry & Watches\Watches, Parts & Accessories\Pocket Watches\Antique".
The seller is "familyloancenter" and is located in San Diego, California. This item can be shipped to United States.