"The Watch" - Season 4 Episode 6 of Seinfeld Premiers

"The Watch" is the forty-sixth episode of the sitcom Seinfeld. It was the 6th episode of the 4th season. It aired on September 30, 1992.

Plot Summary:
Jerry has dinner with his parents and Uncle Leo. Elaine uses Kramer as "her boyfriend" in trying to fool her shrink. George gets Russell Dalrymple's address and tries to get the pilot reinstated. He succeeds -- at a price lower than Russell's original offer. Jerry tries to buy back the watch from Uncle Leo. Outside her shrink's office, Elaine meets "Crazy" Joe Davola, who she begins to date.

http://en.wikipedia.org/wiki/The_Watch