I took some "before" images of this one while disassembling it. This condition is pretty typical of a watch that has not been serviced in awhile.
You can see the old oil, gummed up with grid and lint. Often they look like this and actually run - which is really bad for them. This one did not run, but it looked mechanically OK.
In this image, we can see the lever setting mechanism.
I didn't find anything broken. There's a small amount of rust on the lever setting parts, but it was not bad and came right off.
The watch is Elgin's grade 96. It is an 18 size movement, 7 jewels, made about 1886.
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