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This is a Molnija pocket watch commemorating the 50th anniversary of the end of World War II. 
  • The watch was likely produced around 1995 to mark the anniversary. 
  • It features Russian Cyrillic text and dates "1945 1995" on the back cover.
  • Molnija was a renowned Russian watch manufacturer based in Chelyabinsk. 
  • These watches often contain a reliable mechanical, manually wound movement.