The Vintage Wrist Watch Company has dated this piece to the 1920s.
The watch has a Minerva stem-winding movement which is working nicely.

The watch measures 63mm diameter excluding the winding crown and the loop. The case is nickel and it is in good condition with just very minor marking.
The watch glass has a couple of minor marks, nothing serious.

The dial is signed “The Leader” and it also has the name of the original retailer, Benzie of Cowes. Benzies was established in 1862 as The Yachtsman Jeweller and they went on to earn eight Royal Warrants. The company is still trading today and they claim to “offer a noble service to royalty and yachting aristocracy”.

The enamel dial has a faint hairline running through number 10 but you need to look closely to see it.
Breguet style hands, a constant seconds dial at 6 o'clock and a 30 minute recorder at 12 o'clock. The first five minutes on the top subsidiary dial are highlighted in red. This is because a regatta start time is decided aboard the jury boat, according to various factors including the weather. There is a first signal typically five or ten minutes before the start and then a second preparatory signal say five or three minutes before the start, and another one minute before. The second signal enables the user to synchronise to perfection.
The chronograph function should not be left constantly running all the time as this will affect the time keeping.
The chrono feature is operated by pressing the top button to start, again to stop and again to re-set to zero.
The watch comes in a new presentation box.
The Vintage Wrist Watch Company has dated this piece to the 1920s.
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