The Virginian Season 5 Episode 17 Yesterday's Timepiece

Stacey buys a used watch from a peddler that brings back memories of his dad and his parents death at the hand of Indians. He believes the watch to be his dad's so he goes on the hunt to track the previous owners of the watch. This leads him to Elaine who remembers the watch as hers and the only memento of her dad who left her when she was four. Together they track down the true history about each of them.