This is a Bulova c.1948 Ladies Adjustable Bangle Watch and is a fairly rare model.
The Watch is in good condition, the case and lattice style bangle are silver plated with a steel back, the case is in good condition with a few scratches but nothing serious, the dial does show some signs of ageing, however the numerals are clear and visible.
 
Inside the case is a Swiss Bulova 6AH 17 Jewel Lever movement signed Bulova Watch Co.
Cosmetically overall this is in good condition and running well