It has one flag and may have had another but I haven't been able to verify that. The nose of bow contains an air tight screw concealing clockwork mechanism runs strong!! The windup key even has what appears to be the original string.
The stand is not an original. Piece as I don't believe it originally came with one. (Look at the photos for the best visual description).
Vintage Bing 1920s Tin Submarine 10.5 Working Clockwork w Stand Germany" is in sale since Wednesday, May 20, 2020. This item is in the category "Toys & Hobbies\Vintage & Antique Toys\Wind-up Toys".
The seller is "camotoyz" and is located in St. This item can be shipped to United States, United Kingdom, Denmark, Romania, Slovakia, Bulgaria, Czech republic, Finland, Hungary, Latvia, Lithuania, Malta, Estonia, Australia, Greece, Portugal, Cyprus, Slovenia, Japan, China, Sweden, South Korea, Indonesia, Thailand, Belgium, France, Hong Kong, Ireland, Netherlands, Poland, Spain, Italy, Germany, Austria, Bahamas, Israel, Mexico, New Zealand, Singapore, Switzerland, Norway, Saudi arabia, United arab emirates, Qatar, Kuwait, Bahrain, Croatia, Malaysia, Chile, Panama, Jamaica, Bangladesh, Brunei darussalam, Bolivia, Egypt, French guiana, Guernsey, Gibraltar, Guadeloupe, Iceland, Jersey, Jordan, Cambodia, Liechtenstein, Luxembourg, Monaco, Macao, Martinique, Nicaragua, Pakistan, Paraguay, Uruguay.