There has been talk of the Lone Eagle being the first Bulova Presentation Watch, but wasn't the President model the first?
Here is the earliest mention of the Bulova presentation watch I can find, September 6, 1925. The next mention of the new President model is six days later, and has no picture.
This is "the same model as President Coolidge presented to Bucky Harris", another ad from the same paper dated to September 11, 1925 says "is an exact replica as the one presented.."etc.
Daily Ardmoreite, Oklahoma Sept. 6, 1925.
Nothing like the President model as we know it, is it?
So this is the presentation model, and the one Bulova released "in honour" of this watch is the one we know of.