Elgin "Panama" men's Retro Modern design wristwatch in yellow rolled gold plate and steel, circa 1956.

The "Panama" was an early waterproof model with a square case. It was priced at $49.75 in 1956. This example is in crisp, excellent condition with no brassing. Steel caseback is superb and unengraved. The case measures 40mm and 28mm wide. Original quadrant textured dial is excellent. Has new acrylic crystal. This watch is powered by its correct, 17-jewel Elgin grade 687 manual wind movement, just serviced and running strong.

Price $275.