Extremely rare and fine, 44mm stainless steel CYMA observatory competition chronometer, housing famous Peseux 260 movement No. 59 (numbered on the bridge and under the balance). In 1961 this particular watch was submitted under the wristwatch category (“chronomètres-bracelet”) to the observatory competition in Neuchatel, Switzerland (“Le Concours chronométrique de l`Observatoire de Neuchâtel”), where became certified as an observatory chronometer and achieved “2em prix” with stunning performance rate “N-score: 9.2“.
Competition chronometer-quality wristwatch movements are not “ordinary” C.O.S.C. certified movements. These movements were designed and finished to excel in the rigorous world of Observatory Competitions, as conducted in Geneve and Neuchatel in the years 1944 through 1967.
Back when the development of observatory chronometers and occurrence of precision timing competitions in Geneve and Neuchatel were in effect, the Peseux 260 was introduced purely for research purposes. This ebauche made by Peseux S.A. was made exclusively for the Observatory Competitions and supplied to a number of different independent and high-end manufactures as a starting point for their competition entries. Because of this, it is said that watches bearing the Peseux 260 were never made available to the public consumer, so over the period of 23 years Peseux produced a little over 3300 movements.
Watch is in overall great condition, running and ready to wear!