Michelle Knows Antiques is a great way to find the value of your antiques. Submit your antique for appraisal on our easy to use form. Here is a recent appraisal from Michelle’s column in Discover Vintage America:
Q: I bought what I was told was an 1868 Elgin pocket watch. Now I want to verify the information I was given. The serial number is 22510.
A: The serial number tells us that the watch was made in 1868, based on the photos of the works of the watch the style is the “J.T. Ryerson”. Ryerson was on the board of directors for Elgin and also owned and operated a metal company. His company more than likely provided Elgin with the metal needed to create their watches.
There were 1,000 of these watches made in 1868. Your watch is a key wind and non-railroad watch. As with most pocket watch manufacturers of the time, the watch was sold without a case. Customers would have a jeweler handcraft a case or purchase a pre-made case from a wide selection carried in jewelry stores.
As to your case, the Dueber Watch Case Manufacturing Co. was in operation from the 1860s – 1930. The word “coin” on your case tells us that it is made of coin silver. Coin silver is an alloy of 90 percent silver and 10 percent copper. Although, you can find coin silver that is 80 percent and 20 percent.
The resale value is $250-$300 if the watch is fully functional, complete with the key and the exterior of the case is in very good to excellent condition with minimal scratching and dings.
note – All prices given are for sale in a private sale, antique shop or other resale outlet. Price is also dependent upon the geographic area in which you are selling. Auction value, selling to a dealer or pawnshop prices are about one half or less of resale value.