This is the second market buy of this morning - was unsure about this as couldn't see what I was getting. But in the end for $5 (yep - 5 bucks) the S/S band was probably worth it.
Very keen to get some expert advice on this one. The inscription has a date of 1952 on it so I am guessing this is roughly when it was made. The mainspring may well be shot - and it needs a crown stem.
But on the positive side the slightest pressure on the drive and it starts ticking just fine.