It is thought that the watch was passed on by someone who worked at Pinewood Studios, where most of the film was made.
Christie's will sell the watch in a Pop Culture sale on June 26.
A look at James Bond's watches over the years:
Thunderball was the only time a Breitling watch made an appearance in films, while Hamilton and TAG Haeur made one-off appearances in Live and Let Die and The Living Daylights.
