Find out the real value of your Elgin Pocket Watch value by using the movement serial number. This video will help you understand how to work out the year of manufacture for your Elgin pocket.
This LeCoultre pocket watch has it all: rarity, a moon phase, perpetual calendar, minute repeater and the case is made from solid 18K yellow gold. It weighs 120 grams and is in full working order. Our experts estimated this price to be between €7,000 - €9,100 and the seller was not disappointed! Unfortunately, determining your watch's value is a hard question to answer. These web pages covers many of the general ways to try and find an answer to this question. Table of Contents There Is No Single Dollar Value The Most Accurate Method The Quickest Method The Price Guide Method The Online Elgin Database Method The eBay Completed Auctions.
Including Elgin Watch Serial Numbers and Production Dates
Elgin, Illinois
1864 - 1967
The Elgin Watch Company (also known as the Elgin National Watch Company) was the largest American watch manufacturer in terms of total production volume. In fact, Elgin produced approximately one-half of the total number of better-quality pocket watches manufactured in the United States. Total production over their 100 years of operation reached nearly 60 million watches, which is nearly 50% of ALL the jeweled watches produced by American watch companies! This makes Elgin one of the most commonly collected vintage watches since there are still so many examples available at reasonable prices.
The clock tower at the Elgin National
Watch Company
The Elgin National Watch Company was founded in 1864 in Elgin, Illinois as the National Watch Company, and some of the organizers were later to become the some of the biggest names in the American watch industry: J. C. Adams, P. S. Bartlett, D. G. Currier, Otis Hoyt, and Charles H. Mason, with financial backing from former Chicago Mayor Benjamin W. Raymond. The factory for the National watch company was completed in 1866, and the first movement produced was an 18-size B. W. Raymond model which sold in April of 1867 for the astounding price of $115. This identical watch, serial number 101, was sold at auction in New York in 1988 for $12,000. In 1874, the company officially changed their name to the Elgin National Watch Company, and that name remained until they stopped producing watches in the 1960's.
The 'Working Man's' Watch
Antique Elgin Railroad Pocket Watches
The Elgin Watch Company's success was not built on its production of the highest-grade watches, though some of their higher grades were top-quality, exquisitely made timepieces. Their success can be attributed to their huge production of low to mid-grade watches.. 7 to 15-jewels. Together with the Waltham Watch Company, they dominated the huge market for mid-grade watches, producing over one-million per year during their peak years of production. Elgin watches remain extremely popular with collectors today because they are plentiful, can be obtained at reasonable prices, and can be relatively easily repaired due to the large number of watches and parts available.
Elgin shipped their first wristwatch in 1910, and later manufactured the first wrist watch to be qualified for railroad service, the grade 730A B. W. Raymond. Throughout their history, the Elgin National Watch Company was known for horological innovations. In 1958, they introduced the 'DuraBalance,' an ingenious design for a free-sprung balance (no regulator pins) which used spiral balance arms and small weights to govern the moment of inertia of the balance. They also produced the only American-made automatic wristwatch movements: grades 607, 618, 760, and 761. These movements featured bi-directional, full-rotor winding, and had two automatic winding gear ratios, which were automatically engaged as the mainspring tension increased.
The contributions of the Elgin National Watch Company to American Horological industry cannot be overstated. Many Elgin watches that were made over 100 years ago are still providing reliable and accurate daily service to their proud owners.
Swiss Elgin Watches
During the last few years that Elgin was in business (late 50's through mid-60's), they began to reduce their US production and began importing Swiss watch movements which were finished and labeled as Elgin watches. Much of this assembly work was done at a new Elgin plant in Elgin, South Carolina.
For more information on Swiss Elgin watches, including a listing of Swiss Elgin grades and their equivalent Swiss movement calibres, please view our Swiss Elgin page.
Elgin Watch Cases: Illinois Watch Case Company
The Illinois Watch Case Company of Elgin, Illinois should not be confused with the Elgin Watch Company. The Illinois Watch Case Company (I.W.C.Co) was a major manufacture in the city of Elgin, Illinois. It manufactured watch cases under many brands, such as 'Elgin Giant,' 'Elgin Pride,' 'Tivoli,' 'Spartan,' and 'Elgin Commander.' The use of the name 'Elgin' in their brand names, or marking the cases with 'Elgin USA' has often led people to believe that a watch was made by the Elgin National Watch Company when it was actually made by another manufacturer, or to think that a watch no longer has its original case because it is 'now in an Elgin case.' Keep in mind that watch movements and watch cases were usually made by different manufacturers. Elgin watches are entirely different than Illinois 'Elgin' cases.
Modern Battery-Powered 'Elgin' Watches
The Elgin National Watch Company went out of business in 1964. They never made any battery-powered, quartz watches. If you have a recently-purchased, modern Elgin watch, please see our Modern Elgin Watch page for more information.
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Elgin National Watch Company
Total Production: Approx. 55 Million Watches
| Year | S/N |
|---|---|
| 1867 | 9000 |
| 1868 | 25,001 |
| 1869 | 40,001 |
| 1870 | 50,001 |
| 1871 | 185,001 |
| 1872 | 201,001 |
| 1873 | 325,001 |
| 1874 | 400,001 |
| 1875 | 430,000 |
| 1876 | 480,000 |
| 1877 | 520,000 |
| 1878 | 570,000 |
| 1879 | 625,001 |
| 1880 | 750,000 |
| 1881 | 900,000 |
| 1882 | 1,000,000 |
| 1883 | 1,250,000 |
| 1884 | 1,500,000 |
| 1885 | 1,855,001 |
| 1886 | 2,000,000 |
| 1887 | 2,500,000 |
| 1888 | 3,000,000 |
| 1889 | 3,500,000 |
| 1890 | 4,000,000 |
| 1891 | 4,449,001 |
| 1892 | 4,600,000 |
| 1893 | 5,000,000 |
| 1894 | 5,500,000 |
| 1895 | 6,000,000 |
| 1896 | 6,500,000 |
| Year | S/N |
|---|---|
| 1897 | 7,000,000 |
| 1898 | 7,494,001 |
| 1899 | 8,000,000 |
| 1900 | 9,000,000 |
| 1901 | 9,300,000 |
| 1902 | 9,600,000 |
| 1903 | 10,000,000 |
| 1904 | 11,000,000 |
| 1905 | 12,000,000 |
| 1906 | 12,500,000 |
| 1907 | 13,000,000 |
| 1908 | 13,500,000 |
| 1909 | 14,000,000 |
| 1910 | 15,000,000 |
| 1911 | 16,000,000 |
| 1912 | 17,000,000 |
| 1913 | 17,339,001 |
| 1914 | 18,000,000 |
| 1915 | 18,587,001 |
| 1916 | 19,000,000 |
| 1917 | 20,031,001 |
| 1918 | 21,000,000 |
| 1919 | 22,000,000 |
| 1920 | 23,000,000 |
| 1921 | 24,321,001 |
| 1922 | 25,100,000 |
| 1923 | 26,050,000 |
| 1924 | 27,000,000 |
| 1925 | 28,421,001 |
| 1926 | 29,100,000 |
| Year | S/N |
|---|---|
| 1927 | 30,050,000 |
| 1928 | 31,599,100 |
| 1929 | 32,000,000 |
| 1930 | 32,599,001 |
| 1931 | 33,000,000 |
| 1932 | 33,700,000 |
| 1933 | 34,558,001 |
| 1934 | 35,000,000 |
| 1935 | 35,650,000 |
| 1936 | 36,200,000 |
| 1937 | 36,978,001 |
| 1938 | 37,900,000 |
| 1939 | 38,200,000 |
| 1940 | 39,100,000 |
| 1941 | 40,200,000 |
| 1942 | 41,100,000 |
| 1943 | 42,200,000 |
| 1944 | 42,600,000 |
| 1945 | 43,200,000 |
| 1946 | 44,000,000 |
| 1947 | 45,000,000 |
| 1948 | 46,000,000 |
| 1949 | 47,000,000 |
| 1950 | 48,000,000 |
| 1951 | 50,000,000 |
| 1952 | 52,000,000 |
| 1953 | 53,500,000 |
| 1954 | 54,000,000 |
| 1955 | 54,500,000 |
| 1956 | 55,000,000 |
Be sure to use the serial number on the movement (the works) of the watch. Do not use the serial number from the watch case.
Can’t find your serial number in the table? Click here for an explanation and example of how to use our serial number tables.
Need help finding the serial number on your watch? Click here for instructions on how to identify and open most common case types.
Elgin Pocket Watch Value Guide
In the 1930s, Elgin began using a single-letter prefix to replace the 'millions' digits on their serial numbers. So if your Elgin watch has a serial number starting with a letter, you must determine the millions digits from the table below in order to determine the full serial number.
| Letter | Millions Digits |
|---|---|
| X | 38 or 39 |
| C, E, T or Y | 42 |
| L | 43 |
| U | 44 |
| J | 45 |
| V | 46 |
| H | 47 |
| N | 48 |
| F | 49 |
| S | 50 |
| R | 51 |
| P | 52 |
| K | 53 |
| I | 54 |
At Renaissance Watch Repair, we are experts in the repair and restoration of vintage watches made by the Elgin National Watch Company. Please contact us if you have any questions about the repair of your Elgin watch.
In this modern age, technology has become so advanced that most people tell time through their smartphones. But how come there are people who spend time and money to collect timepieces?
The level of craftsmanship in mechanical watches such as a pocket watch is rare nowadays. Therefore, they are highly coveted, especially among watch connoisseurs and collectors. To own these watches showcase your appreciation for the complexity of mechanism and aesthetic design that goes into making each piece of watch.
A really common pocket watch we often see is the American Waltham pocket watch. We have appraised many of these watches along with antique Elgin pocket watch. Do you want to find the value of an Elgin pocket watch or do you have another pocket watch?
Elgin Pocket Watch Value 1900
If you want to have a pocket watch appraisal, fill out our form and send us detailed photographs of the watch from different angles in high quality. Make sure you don’t forget to give us information about the provenance, condition and other questions you might have