Their watches were an instant success, and so many people (dealers, too) had begun calling them “watches from Elgin” that, in 1874, they changed their name to the Elgin National Watch Co. It was founded by five men in Chicago, but when deciding where to build a manufacturing plant, the men settled on Elgin, about 30 miles northwest of Chicago. The company was first incorporated in 1864 as the National Watch Co. Image courtesy of Burchard Galleries and LiveAuctioneers $500-$1,000, sold for $3,540 at an auction held Jby Burchard Galleries Inc.
#ELGIN POCKETWATCHES VALUE SERIAL#
In that century span, Elgin produced half of the pocket watches sold in the U.S.ġ4k yellow gold Elgin pocket watch, circa 1892, size 18 hunter case, fancy white blue and silver dial, 11 jewel movement, pendant wind lever set, serial #4787670, est. During the firm’s 100-year-plus history (1864-1968), Elgin produced around 60 million watches, most of which were pocket watches. But Elgin, which was founded on the idea of mass-producing high-quality pocket watches using machine-made, interchangeable parts, were the undisputed people’s choice. In the heyday of the pocket watch, two companies dominated the market: Elgin and Waltham. It’s difficult to believe today, but in the late 19th and early 20th centuries millions of pocket watches were made and sold. Many people continue to wear a wristwatch, perhaps out of habit or a sense of nostalgia in addition to its appeal as an accessory, but the pocket watch has nearly been tossed into the dustbin of history. NEW YORK – The technology age has placed smartphones into the hands of nearly everyone, rendering the wristwatch or pocket watch unnecessary, except as a fashion statement. Image courtesy of Morphy Auctions and LiveAuctioneers 14K gold Elgin National Watch Co., Grade 386, Model 6, hunter case pocket watch with fancy dial, circa 1919, hand-engraved case with horse head on back cover opposite central monogrammed shield framed by flowers and foliage, est.
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