[Watches] Determine the age & value

Could someone please help me determine the age & value of an old
pocketwatch as I don’t have a book on it. The pocketwatch in
question is made by Elgin National Watch Co. The case is
stainless steel. Inside cover says, “Defiance” with case #
1197257 and movement # 34579133. This pocketwatch is 15 jewels,
numeral dial w/ black spade hands and is in satifactory
condition. If possible, please let me know the age and value of
this pocketwatch for a customer!

Thanks,
Bill Warren, The Gold Mine

Warren, The Elgin Pocket watch you were in question about with
the Serial #34579133 is a Grade 313, Model 7, Pendant Set, with a
Nickel Plate and Open Faced. It is a Size 16 and was made between
1933 and 1934 with a total production of 523,000. Marilyn

Dear Bill, As always watch value is somewhat difficult to
determine without visual inspection…there are numerous
conditions that an be detrimental to value…but…the case numbers
are of little value as case makers failed to keep adequate
references…case is probably not steel but nickel or so named
silveroid…and is it open faced or hunting case ? You also
didn’t mention what size watch it as 18 or 16 size…my grade
cross reference book on Elgin is at the shop. Your watch was
manufactured circa 1934 … 15 jeweled watches at this time
period are not considered high grade… if there is not much wear
on the case and the movement isn’t marked up by poor
repairmen…probable $150.00 retail tops…remember Elgin produced
millions and millions of pocket watches…

Terry Parresol in central Florida

Dear Bill, As always watch value is somewhat difficult to
determine without visual inspection…there are numerous
conditions that an be detrimental to value…but…the case numbers
are of little value as case makers failed to keep adequate
references…case is probably not steel but nickel or so named
silveroid…and is it open faced or hunting case ? You also
didn’t mention what size watch it as 18 or 16 size…my grade
cross reference book on Elgin is at the shop. Your watch was
manufactured circa 1934 … 15 jeweled watches at this time
period are not considered high grade… if there is not much wear
on the case and the movement isn’t marked up by poor
repairmen…probable $150.00 retail tops…remember Elgin produced
millions and millions of pocket watches…

Terry Parresol in central Florida