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The watch was an 18-size, full plate design. In 1869, the National Watch Company won "Best Watches, Illinois Manufacture" at the 17th Annual Illinois State Fair, for which it won a silver medal. [3] The company officially changed its name to the Elgin National Watch Company in 1874, as the Elgin name had come into common usage for their watches.
Some early watches, made before the Omega takeover have a date stamped on the mechanism. The company changed hands in the 1970s and the new owners destroyed many of the old records, making it difficult to precisely date most Regina watches. The records that still exist make it possible to roughly date them by their serial numbers.
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars.The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
The passing of Jacob Bunn Jr. threw Illinois Watch into disarray. In 1928, for a sum in excess of $5,000,000.00, the Illinois Watch Company was purchased by the Hamilton Watch Company of Lancaster, Pennsylvania, which continued to operate the factory under the Illinois name and shifted the emphasis from pocket to wrist watch production.
A pocket watch is a watch that is made to be carried in a pocket, as opposed to a wristwatch, which is strapped to the wrist. They were the most common type of watch from their development in the 16th century until wristwatches became popular after World War I during which a transitional design, trench watches , were used by the military.
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Every watch movement that the company produced through the early 1950s was engraved with an individual serial number. That number can be used to estimate the date of production. Volunteers have created a database of Waltham serial numbers, [103] models and grades, [104] and descriptions of observed watches. [105]
[citation needed] By 1943, the Moscow factory was re-established and renamed the First Moscow Watch Factory and continued the manufacture of pocket watches and stopwatches, as well as the Type-1 191-ChS watch for Soviet Navy divers. This watch, whose diameter, not including the crown, is about 2 1/4 inches (60mm), weighed 8 1/2 ounces (about 260g).