Bulova 1948 Spencer

This watch is 14k rose gold plated with a stainless steel back. It has an 8AH, 17 jewel movement stamped 48 although the data base here only shows 1945 for this movement. I removed the crystal for the front photo because the crystal has considerable scratching at the present time.  The plating with the signature appears to have come off the crown. It looks like the Spencer in the 1947 ads on here to me with the exception of the hour and minute hands. ....................................................................................................................................................