Vintage Necklace Watch Bucherer Art Deco Pendant Guilloche Enamel on Chain. Unsure if chain is original. CONDITION - Watch is not currently running. Case has some tarnish & wear. The last "R" on the Bucherer looks like a dark mark is off-set or something, see closeup.
Tassel has some plating wear also. These are normal and expected aspects of vintage items and do not affect their quality or authenticity.