Patek Phillippe Pocket Watch

1924 gold pocket watch, given to my great grandfather 25 Dec 1924.  Label on face "Bailey Banks & Biddle Co.".  Serial #406614 inscribed inside back cover.  Movement #193651.  Monogrammed "FMP" outside back cover.  Inscription inside back cover, Patek Phillippe & Co. Switzerland, 18K, "To Frank M. Page from Michael J. Smith Dec. 25 - 1924".  Inscribed on the movement, 18 Jewell, Special, eight adjustments, Patek Phillippe & Co., Geneva, Switzerland, Bailey Banks & Co., Philadelphia.

Good condition, open face, sweep second hand at 6:00 position, no complications.  Good working order.

It was appraised at Bailey Banks & Biddle, 20 Feb 1925 for $450 (U.S.), Bailey Banks & Biddle Registry #39107.