In excellent condition. Works great. It's real 14k yellow gold.
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Thanks for the second photo and yes that does help verify the year which is great! The two ads I have posted below have nice detailed descriptions which is really nice to find.
The ads verify this watch sold for $125 in 1972. That it has a marquise shaped case with a fine hand-cut finish in 14K solid gold, 23 jewel movement. It has asymmetrical ascents set with two diamonds attached to a gold filled self adjusting mesh band. It has a silver dial with gilt markers. It is shock resistant and has an unbreakable mainspring (although after all this time I wouldn't count on these two facts).
In reply to Thanks for the second photo by Kathy L.