This is an Elgin grade 478, 16 size, 21 jewels, made about 1924.
This movement is one of Elgin's B.W. Raymond grades, a name the company used throughout its history for better lines.
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Like any railroad grade watch, this one is lever-setting. It is not set by snapping out the crown. Lever setting movements were thought to be less prone to an accidental time change.
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