Early Rolex Silver Branded Open Face Pocket Watch c1910.
800% silver with gilt edging. Top wind and pin set time change. 
Movement inside back cover inscribed Rolex Ancre 15 Rubis to mark the 15 jewel movement. Also inscribed Medaille D-or (gold medal).
Signed jewelled lever movement with Rolex on ratchet wheel on  Rolex Reeberg movement. Fancy gold hands on white unsigned dial with black Arabic numbers and sub seconds dial.

Please note hairline crack between 7 and 9 visible under an eye glass.

Diameter 34mm

The Rolex watch company started in 1905 as Wilsdorf and Davis in London. The company registered the name Rolex in 1908 and moved to Switzerland after WWI.