Its a nice, better than average quality watch. Full jeweled meant that it has 15 jewels. Georege Reymond is listed in Swiss Timepiece Makers 1775 1975 by Pritchard.
She wrote that the form was active in fine watches and jewels from 1860 to 1879. It has a high serial number but it could have been made at any time in this range, although the serial number puts it toward 1879.
It seems to be missing the bezel which holds a crystal over the dial when the front of the case is open. That is probably why the hour hand is bent. The second hand is usually gold when the minute an hour hand are.
The movement is called a Geneva Bar type. Locle is a small town in the Neuchatel area. Many Locle makers used a different style but Geneva Bar movements are far and away the most common type.