A Presentation Watch from King Victor Emanuel III

Gold, 35 mm., with inner maker’s mark of Constantin, Geneva, white enameled face with Roman hours and Arab minutes, golden arrows, blue enameled reverse bearing the separately-made, blue enameled, golden bordered cypher “VE”, with golden Royal crown above, its inner details, in red enamel, round, hinged suspension.
A beautiful piece, made for a noble lady, dating to the first years of reign of Victor Emanuel III, excellent condition, besides slight signs of use. I RR!