This is a tres Chic 1974 Caravelle Ladies Dress Watch. The 70's were a fertile period for Caravelle as they produced some excellently designed Ladies Watches which are already becoming collectable, that in a very turbulent period for their parent company. 
The Watch itself is set in the middle of a Smokey Perspex Circle, the case and dial are both in very good condition. Inside there is 17 Jewel Lever Movement.
Overall cosmetically this is in very good condition and running