Okay, I am bleary-eyed now, but that mark seems to clearly be an "H". Just went through much of my flatware and souvenir spoon collection, found 21 pieces of Watson with the flag/pennant mark (sure there's even more), every one of them had a clear "H", with at least four mark variations. In fact, I found none with a "W" and had to check under Watson on here to assure myself that I hadn't just hallucinated the several W-pennant marks that I have run across on real pieces, as opposed to in reference sources (glad the mind isn't totally gone!). I've also pondered on why the trademark included an "H" and never found anything, but have no question that it is indeed an "H".
The Jewelers' Circular Trade-Mark Directory was provided with their marks by the manufacturers, either print-ready, or rough drawings or stamped impressions which were then cleaned up by JC draftsmen. This 1899 clipping shows the mark as drawn, suspect that someone would have caught an error like that over the many years of different editions, but suppose it's possible.....

So I had to dig further and finally found the mark on a 1903 Watson catalog, and again, at least to my eye, it clearly appears to be an "H".....

My own personal theory, perhaps triggered by many men in my life plastering their school and team logos all over everything they own, is that someone high up was a Harvard alum. So here is a 1905 Harvard postcard:

And now I'm going to go put a cold compress on my eyes because they hurt and I'm seeing "H"s everywhere!
~Cheryl
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