To provide a residual wound quantity display mechanism of a timepiece, in which it is possible to change a way of a display without changing a basic structure, and a timepiece with the mechanism concerned. A residual wound quantity display mechanism of a mechanical timepiece has an output gearwheel rotating in compliance with a change in a residual wound quantity of a mainspring; a drive lever possessing monolithically a fan-shaped gearwheel part meshing with the output gearwheel, and an arm part extending from a rotation center of the fan-shaped gearwheel part in a direction different from a fan-shaped portion of the fan-shaped gearwheel part; a display member possessing a drive gearwheel part rotatably supported to a tip part of the arm part of the drive lever, and a display arbor formed monolithically in the drive gearwheel part in a site separated from a rotation center of the drive gearwheel part; and a fixation gearwheel possessing a fixation tooth part with which a tooth part of the drive gearwheel part of the display member meshes. Typically the fixation gearwheel adopts a form of the internally-toothed gearwheel.