AMERICAN WALTHAM WATCH CO 14K POCKET WATCH: Model 1891, 0 size, yellow gold hunt case with etched floral design to both covers, works marked Penelope, serial #9127754 dating it to approx. 1899/1900, case marked C.W.Mfg.Co 14K U.S.Assay, 703802. Lovely lady's watch currently on a 24'' gold filled necklace chain.