To provide a winding stem structure, which can remove and disassemble two inner and outer winding stem portions, if any, and a watch provided with the winding stem structure. A winding stem structure of a watch comprises a first winding stem including a first gear and a first radially small portion; a second winding stem including a second gear to mesh with the first gear and a second radially small portion, and a joint ring for jointing the first and second winding stems. The joint ring includes a plate-shaped lever member having a first recess opened at its one end for accepting the first radially small portion of the first winding stem removably, and a second recess opened at its one end for accepting the second radially small portion of the second winding stem removably, and a return spring mounted removably and elastically on the plate-shaped lever member while covering the recesses of the first and second recesses of the plate-shaped lever member in the state where the first and second recesses of the plate-shaped lever member accept the first and second winding stems.