Finlover,
Absolutely beautiful.
It's not often that you see a Unitas 6497 that's decorated that well. It reminds me of what you see on the later Hamilton 992Bs.
It's not often that you see an open-faced PW movement used in a wristwatch, and most of the ones that do go ahead and put the stem at 12:00. I really like that treatment here.
Jorge,
The American watch industry started to die out in the in the '40s, and was gone by the end of the '60s-the last Hamilton 992B, which the gold standard Railroad pocket watch, was made in 1969. This was about the time that self-winding movements became popular, and I'm not aware of any American-made self winding movement.
Manual wind and automatic wind movements are still made, and are relatively common. They're still made in Switzerland, and, with varying levels of quality, in China and Japan.
The Swatch group owns most of the old American brands, and still sells watches-primarily automatics. Swatch also owns Omega and a couple of other high-end brands. Also, Bulova, which was always been an American company but almost universally used Swiss movements, is still around. The Swiss company ETA makes ebauches(loose movements) which are used by most of the above brands. Finally, there's Rolex, who almost universally use automatic movements of their own design and manufacture.