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Front view of my Citizen Parawater

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Back view of my Citizen Parawater

I just bought this watch at the Flea Market for GBP 3. I am hoping someone can help me date this watch and also perhaps tell me if it is rare or not. The watch is in working condition but it slows 5 minutes every hour. I will be very grateful if anyone in this forum can help me to rectify this. Many thanks. Alan
 

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View attachment 1225189

Front view of my Citizen Parawater

View attachment 1225190

Back view of my Citizen Parawater

I just bought this watch at the Flea Market for GBP 3. I am hoping someone can help me date this watch and also perhaps tell me if it is rare or not. The watch is in working condition but it slows 5 minutes every hour. I will be very grateful if anyone in this forum can help me to rectify this. Many thanks. Alan
Hi, The watch is rare,and dates to August 1961,
 
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