This is a Poljot (Paliot) hand-wound wristwatch. It was purchased new from a German dealer around 2016. Currently, it keeps time accurately with almost no daily variation and is running smoothly. It has not been overhauled. It has an alarm function. To wind the alarm spring, rotate the crown at the 2 o'clock position clockwise. Then, pull the crown out one position and rotate it counterclockwise to set the time using the red short hand. When the set time is reached, a buzzing sound will continue for about 10 seconds. I tested it for the listing, and it worked without any problems. The leather strap is damaged. Also, the lugs have a unique shape, and the head (approximately 4mm in diameter) of one of the two strap pins is missing on one side (see photo 9). Repair of this part is necessary if you intend to wear it on your wrist. It comes with the original wooden case.