Scarce item: Swiss made Waltham??

[alvin]

My understanding on Waltham was simple: it was inexpensive but good quality product in its days. Supposedly, no one would bother to fake a Waltham due to it's hard to make money out of it. But, was there a wristwatch brand with same name in Europe??

http://www.ebay.com/itm/161047752736