
The setting parts in some Elgin watches take quite a bit of wear. I often see this done to the setting cam to make up for parts that no longer work like new. One arm of the cam has been hit with a punch to stretch it out. As a result it "pushes" further when that part is engaged.
Often these fixes are fine particularly for an antique. It's part of the character and history of the watch.
Here are some details of the secondary serial number stamps found on the underside of some parts. The prefix is a sideways 'V' like character.
Here are some before and after images of a basic dial repair, or patch really.
This watch is a grade 187 Elgin, 12 size, 15 jewels, made about 1898.










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