The Vintage Wrist Watch Company has dated this piece to the 1880s.
The watch has a Swiss hand-winding movement which is working nicely.
The DF&C mark was registered in 1901. They also worked under the brand names Selezi, Selex and Dimra.

The watch measures 35mm diameter excluding the later winding crown and the fixed wire lugs. The case is silver and there are hallmarks inside the screw-on case back for London 1916 together with the sponsor’s mark for George Stockwell. From 1 June 1907, Stockwells acted as assay agents, facilitating the import into Britain of foreign gold and silver items which had to be assayed and hallmarked in a UK assay office before being released for retail.

There is also a brevet or patent number 71363 for a 1915 patent relating to the case design.
The case is in good condition, just a little unevenness to the side but all very acceptable.
The small button between the bottom lugs opens the hinged from cover.

The glass lens is in lovely condition.
The dial is in lovely condition with original hands, a subsidiary seconds dial and outer minute markers. The luminous detail has been removed from the hands and numbers.
The watch comes on a period leather strap with silver buckle, hallmarked for London 1935.
The watch comes in a vintage presentation box from a Bolton jeweller.
The Vintage Wrist Watch Company has dated this piece to the 1880s.
Specialists in antique and vintage wrist watches and pocket watches
You can view the stock and full dealer information on the The Vintage Wrist Watch Company Profile Page