Bulova Swiss Automatic Men's Watch 11AAC Movement dated 1950. Case back, movement, and dial are marked “Swiss.”
Manufacture Year: 1948, according to the inside of the case back
Movement Model: 11AAC
Movement Date Code: L0
Movement Jewels: 17
Case Serial No: 1416




The adverts I've been looking through just now certainly make mention of a automatic movement i a Water-Tite, so that part is ok.
The dial layout and style is very much inline with other Water-Tite models. That said the Duo-Wind is also within the ballpark.
Which is which though. I'm inclined to lean more towards a Water-Tite based on the case config and design....simple lugs. The Duo's tend to have fancy lugs.
That said, until we can find a better advert match I have to agree with Unknown.