This Elgin grade 240 is an 18 size, 19 jewel watch made about 1910.
It features a great repair done no doubt many decades ago.
The pallet fork has been broken and repaired with a half-tube of brass used as a sort of splint. It is soldered in place.
In pretty rare cases, it is necessarily to bend the fork a bit. It's tricky to do, and to be avoided - it's usually the roller table that's incorrect anyway. But it seems in this case the watchmaker broke the fork, and had to repair it. It is actually a nice job. It is strong, straight, and the watch runs perfectly. I suppose the weight change cases a sight positional rate error, but I didn't detect it.
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