Mine certainly is not the first then and the condition is not really perfect, there are tiny scratches on the case and a small tiny chip on the glass. Nothin major tho, case is unpolished and the gold emblem is in good condition. The watch runs very accurate to 1 second more a day or 2, i didnt really measure and the PR is about 38 to 42 hours on fullwind.
I have had this watch for many years, i think more than 10 hmmm i dont even remember where i got it. A gift from my late grandfather? He gave me a few watches i dont remember which is which anymore.
hi ti64, do you mind post your king seiko again? i cannot see the pic. thanks
Is a first generation or 2nd generation? Is is a chronometer?
Superken Its not a chronometer for sure but i m not sure its 1st or 2nd gen. Would you help me how i can id its gen?
Hi ti64, nice piece of KS HI-beat! wear in good health. 
between try google of KS 1st generation, an example as below. U can see that the name "King Seiko" is printed on the dial directly. Late KS is in emblem form. Enjoy !

this one indeed a perfect condition of 14K Gold-filled back case
