Yes...but at my age, how long will I remember? Thanks for sticking with me.
Stephan, your Hungarian mother's father would have carried this while he possibly smoked my pipe in 1896. This watch was my grandfather's. It goes with the pipe.
Now the meat of it: It would be a bewildering task to just pick up a vintage pipe and put a date on it but with a a bit of research, I discovered that this coat of arms was only used by Hungary from 1896 to 1914. Afterward, the supporters were 2 angels. Here, at the time frame 96-14, the supporter were branches of oak and Olive.
The pocket watch is a Waltham from Massachusetts. When Germany pulled the Austrian Empire into WWI. Kaiser Bill here, was telling Franz Joseph that "Unity Makes Strength".
My grandfather was a US Customs Inspector and the moment that the USA entered the war, the shipment of these watches, became "Enemy Contraband" and everyone went home at the end of the day, with a watch. My grandfather gave it to me, when I was 10 years old.