The “Paul Newman” dial is such an iconic feature that it has its very own Reference Points article. There you can find some info on the transitional – with pump pushers, it very much looks like the other model, except that it depends on a more recent evolution of the Valjoux 72, the caliber Valjoux 727. It was only produced in 1970-1971, which is consistent with the 2.5M serial number of this example (the listing dates it to 1968, which is tad too early for such a serial number).
Nevertheless, there is much more to this chronograph than the fake Rolex geek points: as mentioned in this article from Watchpatina (where the photos also originated) it comes with an amazing provenance and accessories. It is described as “full set,” meaning that the original box and papers are included, although the guarantee was almost that one, which is an issue in establishing full precisuin of such a set. The left blank, without any matching serial number and only the true kicker is that it is said to come from the original owner, who consigned to with an auction house after he realized that the replica rolex watch he had bought and quickly put aside in the 1970s was actually very significant, especially since he did not get much use from it over the past 40+ years. And this Daytona’s overall condition fully reflects that, with not much stretch to the expandable bracelet, and a thick case.
The special blue dial of the Compax model is often nicknamed “Exotic,” much like its even bluer sibling. Those are surely not your traditional Universal Geneve Compax in appearance, as they were made later in the 1960s, and come with the Valjoux 72, instead of an in-house chronograph caliber. Their outstanding design makes them no less desirable, alongside the more monochromatic “Nina Rindt.”
The handset here matches the style of the Rindt, although you might have expected a red seconds hand, which could be seen more commonly. That said, another example with the exact same all-black configuration has been previously spotted, which seems to validate the possibility of multiple handset variations. The blurry pictures of the listing seem to show some aging marks on the dial, some bruised lume plots, and some yellowing of the formerly white seconds hand. Finally, the signature on the crown seems incorrect.
In that context, the VXN import mark on the caliber 814 makes total sense, and so does the “Cased and Timed in USA” engraving on the caseback. Its smaller case size was aimed to further differentiate it from the “regular” Jaeger-LeCoultre replica watches which was 37mm in diameter. Yet, that model deserves some attention, especially since it is more often sized at 34mm than at the 33mm mentioned above. The sun-ray alarm disc works really well with the cream dial (both showing light aging signs), while the alarm is said to buzz nicely. Eventually, both of the crowns are well signed with the “LC” monograms, something you don’t see very often.