This watch appears to be a 1950 Academy Award "X", and was purchased in 2015 in rough condition. The movement was cleaned & oiled, the mainspring was replaced, the case was carefully cleaned & polished, and the crystal was replaced with a faceted G-S crystal. Though this watch may originally have had a leather strap, I decided on a period Kreisler Citation expansion band because 1) it is consistent with flat & chamfered surfaces of the watch; 2) It was the original band on the Academy Award "Q" & "T". This band is a good match.
The dial was the first thing to get worked on, because if I couldn't get rid of the splotches and matte-look of it, then the drive to work any further on the rest of the watch would have greatly diminished. However, the dial ended up splotch-free with a decent shine and gloss.
The movement was next, followed by work on the case. I don't know if the crystal was original, but it was a thick glass that was so badly scratched, I was surprised the case was in the condition it was in (mild scratches, but quite filthy). The last thing done was re-burnishing of the case back.
The Kreisler band was acquired used, but it, too, required a thorough cleaning and a very careful polishing.
The box (acquired separately) was also in need of repair, involving mainly the display ring, which needed new fabric (color matching was tough!).
This was a way, I thought, to be able to afford a decent, boxed variant of the AA series. It just required some work.