Help with identification of horn gramophone.. a HMV Monarch?

[nostalgia]

This horn gramophone is for sale, and I find it interesting, and would be grateful if someone can help me identify it.
The soundbox is Thorens, but I guess this one is added at a later date, since this gramophone, if my gut feeling is correct, is an early horn gramophone. I also upload a photo of the trademark logo, found on the gramophone. My gut feeling (again) says this is a genuine gramophone, but I am very prepared to be corrected:)
In advance, thanks a lot.
Update: I googled a bit now, and this trademark seem to belong to The Gramophone Company, before the Nipper dog was introduced. Is this really a HMV Monarch? I feel some trembling inside,,,I need find and open my HMV book! I know this will not be an overlooked thread;) Welcome to exploring and identifying this obvious gem.
A Junior Monarch from around 1905-1907? Welcome, HMV experts, your statements and corrections are very welcome:)

[Menophanes]

The back bracket with its large thumbscrews looks right, as does the small three-piece crank. I am a little surprised, though, at the fresh appearance of the nickel-plating and of the 'angel' plaque. I also wonder why we cannot see any brake or even any screw-holes showing where it was. Could this be a partial restoration, interrupted before it reached the turntable or the sound-box?

Oliver Mundy.

[epigramophone]

When you find your copy of "His Master's Gramophone" the Monarch Junior is pictured on Page 26.
The position of the turntable brake is clearly shown and, unless the case has been refinished, the gilt G&T transfer should be present.

[nostalgia]

Epigramohone: Yes, I found the book, and the Junior Monarch on page 26. But as Oliver says,. what happened with the brake? Totally camouflaged the screw holes too? And yes, the gilt transfer, it should have been visible on one of the pictured sides of the case. So the statement is, refinished?

[Teak]

This looks like an early german version. Parts of the early break are visible in the first picture.

[soundgen]

How much is it ? If it is like your other buys it will be a bargain is is a basically sound machine 1

[nostalgia]

I appreciate much your comments, and also that some of you that have worked with gramophones for decades voice your opinions, and state that despite its pitfalls it can be a good buy if the price is reasonable. The selling price is not yet totally established, and there are also a few more potential buyers. But, as it looks now it may be in the 200-300 euro range, which I presume would be quite a bargain, since this is a very old HMV horn model, even if it shows obvious signs of being refinished?

[nostalgia]

Update: The gramophone would have cost me 550 Euro if I bought it, included shipping and taxes, so I dropped it. My budget would not have allowed this purchase, and also I am not sure if I would have been ready to pay this price for this Junior Monarch, taking into consideration it's obvious faults. I am also not in the position to appraise a gramophone of this age yet.