Picked this one up to have an example of this model. I believe it is an Academy Award "EE" although it may have not been able to confirm that with an ad but do have an ad without a variant for the white variant.
It has a 10K white gold filled case dated stamped L1. The working 21 jewel movement is also date stamped L1.
A nice ad but no variant

All 1951 Bulova Academy Award, and I also suspect the "EE" variant, but will hold off confirming until we see an advert.
In reply to All 1951 Bulova Academy… by mybulova_admin
Thank you I would agree : )
Another winner, Kathy. Really like the lug setup on this one, very unique.
1951 "AA", variant to be determined; but quite likely "EE"
In reply to Another winner, Kathy… by neetstuf-4-u
Thank you Bob : ) hopefully an ad or pricelist will come along to clear up the last few variants in this line.
1951 Bulova Academy Award