Swiss gold 20 Pesos coin of Emperor Maximilian of Mexico Circa 1866

Gold 20 Pesos coin watch
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A fine and impressive, gold 20 Pesos coin of Emperor Maximilian of Mexico semi skeletonized and fitted with a keyless watch with an integral crown and gryphon brooch fitting Circa 1866.
Two body, 20 Pesos coin case with on the back a profile of Emperor Maximillian, coin edge band, the front glazed and skeletonized and winding crown above 12 o’clock.
Oval chapter ring dial with baton indexes and gold baton hands. Rectangular, rhodium plated movement with 17 jewels, straight line lever escapement, mono metallic balance, self compensating flat balance spring and an index regulator.
Movement signed: Movado Factories.
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Diameter: 35 mm
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Signed: Movado Factories
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Movado is an American luxury watchmaker. It is best known for its Museum Watch. Movado means “movement” in Esperanto. The watches are known for their signature metallic dot at 12 o’clock and minimalist style. Movado traces its origins to La Chaux-de-Fonds, Switzerland. The company was founded by Achille Ditesheim in 1881 in the watch-making town of La Chaux-de-Fonds. The Ditesheim family, a Jewish watchmaker family, owned several companies in the area.

 In 1892, the brothers Leopold, Achille, and Isidore combined their separate businesses to create “L.A. & I. Ditesheim, Fabricants”. This was one of the first modern factories in the area following the watchmaking crisis of the 1870’s. Having arrived over the course of the century, many Jewish traders, craftsmen and entrepreneurs were less attached to traditional working models and thus played a major role in innovating the Swiss watch industry.