Reports indicate that the company manufactured about 60 million timepieces for the 100 years it existed. A few years ago, this historic pocket watch was auctioned for $15,000 by the City of Elgin.Īt the time, the manufacturer of Elgin pocket watches was called “National Watch Company”, which was later changed to “ Elgin National Watch Company”. To put it into context, in the year 1867, pork chips were retailing at three cents a pound. The first watch was an 18 sized BW Raymond railroad grade pocket watch that took six months to complete. However, the first Elgin pocket watch was released in 1867. This brand of pocket watches was developed in 1864 in Elgin, Illinois, at the time when the American Civil War was ending. As mentioned in the introduction, Elgin pocket watches are among the perennial favorites for watch collectors.
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