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Omega

Your mother's watch is from the early 1950's...

 

...this type of women's dress watch is commonly call a "cocktail" watch.  This is probably because it is so small, dressy and impractical, it was worn mostly for dress-up occasions.

Today, women prefer larger watches, so these don't have much collector value above the gold and/or diamonds in the case.  This is a shame, as they are marvels of engineering for their time.   When new they sold for more than equivalent men's watches.

Wish I had better news, and please wish your mother a Happy Mother's Day,

gatorcpa

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