Elgin Grade 240

This is a B.W. Raymond model, grade 240, Elgin, 18 size, 19 jewels, made about 1904. 

The ratchet wheel for this watch's motor barrel is a unique feature. It turns the inner part or the barrel, independent of the arbor, which is jeweled.

Here is the ratchet wheel in place.

These are great, railroad grade watches. It's always a pleasure to see them in good condition.