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Autavia Heuer 1163 help *PIC*

Hi,

My grandpa passed away last year and some of the things he left behind was these watches. I was wondering if anyone can give me some information on them. There the same, and both have 1163 on it with no trailing letters.

Are these valuable?

What are the two smaller dials on the face.

what do the two buttons on the side do

thanks for all your help

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