The 7 jewel, lever-set movement would seem to have been made by the short lived Aurora Watch Co., in the US. As an aside, I'm not sure these qualify as a private label because it seems that Aurora only made movements for exclusive dealers in given regions.
However, this particular movement's design does not exactly match any known Aurora products. The serial number also makes no sense in a context of Aurora products. What is is this watch?
It is very, very similar to 18 size Walthams of this era. The dial side is different, particularly the ratchet, but just the same, it's obvious what the designers were looking at when them made these.
We see an English style tangential pallet, and other features typical of American products of the mid to late 1800s.
But the real mystery of this watch is the train. Take a look here for more...
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