1948 Diamond Dial 21Jewel Excellency "LL"
7AA which was started in 1949, so is this a early 1949 with 1948 movement symbol? or late 1948? or replacement movement?
L3 date stamp on movement
3 (untested) diamonds
Applied Gold numbers on a Champagne colored dial with Black tracks, Bulova signed 10K Gold filled bezel and back.
(October 7, 2012) Updated image 4 with picture of movement symbol 48.