Serial Number: PW 0255
Subcategory: Pocket Watch
Status: Display
Description:
Swiss General Watch, Prime, Automatic Movement, Swiss Made, Silver Casing, SR. No. 969601
General Watch Co. (GWC) was the watch companies Holding of ASUAG.
ASUAG had been founded in 1931, with the assistance of the Swiss government and the Swiss banks, to combat the severe economic crisis and ensuing unemployment by means of refinancing (thus eliminate the deadly dumping for survival murderous competition within the still somewhat cottage industry -like status of a majority of the movements and parts thereof supplying companies) and complementary research and development programs in their respective companies.
Its mandate was to maintain, improve and develop the Swiss watch industry.
