Abstract: A timepiece, such as a watch, having a protective cover with a gem set therein. The protective cover may be crystal, plastic or any other transparent and durable material. The protective cover has an aperture having concentric cuts. The setting is seated in the aperture and secured to the protective cover. The setting is configured to be of a similar size and shape as the aperture so that it may be securely affixed to the protective cover. A gasket may be inserted between the setting and the aperture to create a watertight seal in the watch cover. The timepiece may also have a hinged, hidden compartment on the backside of the watch frame. Engravings may be made in the hidden compartment, and small, thin objects may be stored therein.