Beautiful wood box with Mother of Pearl inlay.  Perhaps from India.  Antique.  red velvet lined.  The wood is very heavy and dense, like ebony or rosewood.  The watch would have been a smaller one, as it is 1 and 1/2" across the recess holding the watch.  The box itself is 4" by 3" and is 1 and 5/8" high.  NO KEY. The stand part is loose and needs repair (a screw).  It works OK but may bother some people.