Vintage Peugeot Lipstick Pendant Watch Necklace — Hidden Dial, Mechanical

A 1970s Peugeot pendant watch necklace in the capsule style often called a "lipstick watch." The rectangular gold-plated case is finished with raised diamond-pattern quilting on both sides. Slide the cover open to reveal a silver dial with black Arabic numerals and the Peugeot name. A chain tassel with gold ball detail hangs from the base of the case, and the whole piece is suspended from a twisted rope chain.
Mechanical hand-wound movement, 17 jewels, Incabloc shock protection. Running well.

Specifications
Type: Lipstick pendant watch necklace, hidden dial
Case dimensions: 15 x 34mm
Case material: Gold-plated
Case finish: Quilted diamond pattern, slide-open
Dial: Silver, concealed
Numerals: Black Arabic (12, 3, 6, 9)
Movement: Mechanical, hand-wound, 17 jewels, Incabloc
Chain: Gold-plated twisted rope, 60cm (30cm drop when worn)
Tassel: Gold-plated chain tassel with ball detail

Condition
Good cosmetic condition with minimal signs of wear. Some slight plating loss. Please refer to the photographs.