The hairspring, and the stud, are gold-flashed on this watch.
The serial number prefix used on the secondary stamps is a 4 with three bars above it.
On this watch one of the plate screws is recessed. The barrel bridge covers up this screw. In these cases, Elgin used a screw with an unpolished, unchamfered head since you couldn't see it. It seems odd given how much finish they do on all sorts of other places where it can't be seen when assembled.
This is a fine example of Elgin's grade 349, 18 size, 21 jewels, made about 1908.
This one is engraved "No 349" as many of these are, not not all. It is also found labeled Father Time.
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