This is a Josmar Jump Hour/ Direct Read Gents Watch from the 1970's, these watches were incredibly popular at the time, however they have become very collectible now, as there are fewer and fewer working models about, so the value of watches has been rising as of late. These watches were meant to be a fun or fashion Watch, although a number of prestigious Watch houses also produced Direct Read models at the time and those are much sought after, most, have inexpensive pin lever movements which meant watches with slightly less accuracy but great aesthetics. This is the reason why nearly 50 years later finding watches in good working condition mechanically and cosmetically are harder to find.
This watch is in good condition, the case is chrome plated with a steel back, the case has some scratches but nothing serious, the dial shows no wear at all.
Inside the case is a Swiss Jewelled Pin Lever Movement 
Cosmetically overall this is in good to very good condition and is running well