LIP nearly mint wristwatch in steel

LIP nearly mint wristwatch in steel, France around 1950, manual winding, screwed down case, rear site crowned emblem of Besancon, original steel elastic-band as well as hang- tag with movement-number, silvered duoton- dial, pearl-minutes, applied gilded indices & numerals, gilded dauphine hands, sweep seconds, nickel plated movement calibre 25 with fausses cotes decoration, 18 jewels, screw balance with Breguet-hairspring, diameter approx. 34 mm, needs to be overhauled movement resinified, condition 1-2