I see some that say Lexon and some that say Schatz. It does not seem to affect the value. They sell for 100.00 to 300.00 at auction. I would put yours at the higher end. Nautical always sells well online. I did not know from your post that you already had the information. Had I known I would have started from what you already had.
Yeah I was pretty sure because of the stamp it was Schatz brand, I just wanted to make sure because I am considering throwing it up on ebay, but do not want to mislead bidders. I actually took it to an antique shop today, probably not the best place to take it since It's not an antique, but he offered $50 I felt that was a little low... He didn't know what it was but thought it was a "cool clock".
Well, thank you for the help. I had an idea of what it was I just wanted to be sure... the nameplate through me off. Thanks again