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Often precious metal Onega watches with leading non zero in the second part or the Mapics code eg 198.5001 were authorised local production. 5 was UK. 7 will be somewhere else like Italy or France maybe. Have you checked what else is written on the inside of the caseback?
This occurred to me too.
3 was for France.
I don’t think we’ve seen any other local production country-number designations.
It would be interesting if 7 was another one.