New old stock. Never worn, new in box with booklets. Rotating bezel. Has the letters "MCS" lightly etched on the back case above the word Movado. Otherwise, the 37mm stainless steel case and band excellent. An unused, unworn watch. And as we look, the batter is dying where the sweep second hand moves five seconds in one sweep, then stops and continues. Dying battery, but it shows working condition.