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Would like to know the value and year of my Waltham Stop Watch

Description This was my grandpas as a young man. I don't know how old the watch was when he aquired it. Inside the case says "warranted, B&B, Royal, 20yrs, 3524203. There is an engraving of "T-559" and another that's hard to read but I think it's "593D". On watch it says "11781761, 17 jewels, American Waltham Watch Co." Around rim of watch it says "3524203" The picture is dull (I took it w/o a flash). The silver in the mechanical area is very pretty and bright. **The red-ish areas on the back of the case is a reflection**
Category Watches and Timepieces
Medium Gold fill OR gold plate (not sure)
Distinguishing marks 17 jewel, 20 years,
Condition Good
Size and dimensions of this item 2" diameter, approx. 1/4" thick
Date Period ?
History It was my grandpa's
Price Paid (If known) ?
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