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Solid 18K Gold Pocket Watch by GRUEN c1916 NAT’L W. C. CO 21 Jewel PRECISION

Estimated price for orientation: 1 990 $

Category: Antique
Class:











Description
Material: 18K Gold Year of Manufacture: Pre-1920
Closure: Open Face Model: 218361
Movement: Mechanical (Hand-winding) MPN: Does Not Apply
Country/Region of Manufacture: Switzerland Serial Number: 143889
Brand: Gruen UPC: Does not apply


  Solid 18K Gold Pocket Watch by GRUEN c1916 High Grade 21 Jewel PRECISION Movement This is a Swiss pocket watch made by the GRUEN Watch Co. in Cincinnati and has clear assay marks for 18K Gold as well as the componentry and where it was assembled. Total weight of the watch is 65.4 grams The watch does work and seems to keep time. The movement appears to be in fairly good condition. The watch has been tucked away in a safe for a while, so a servicing is likely in order. Conversations I have had with a jeweler and two scrap metal dealers have directed me to this point. The two scrap dealers offered $850.00 and $800.00, respectively - both have said that since the watch works, it is likely to be of significantly greater value as a watch. Although the jeweler did not make an offer (his wife cut off his buying for his collection until his store is closer to a thriving status), he agreed with the scrap buyers. He gave me a site to look up and helped me interpret some of the main points about the piece. The movement is jeweled to the center. The movement is signed “Gruen Watch Co, Precision" ; SUISSE, 21 Jewels, Chronometer; Temperatures”
SN#143889 Case – a solid 18K Gold open face case, which has a hinged inner, back and hinged snap bezel. The case is marked 18K with Gruen Watch Co stamped over an initials signature of NAT’L W. C. CO. Historical note RE: Engraving: The inner back cover is engraved “Aug 1, 1916 and is from my Great-grandparents to my Grandfather on his 21st Birthday. The rest of the case has a smooth plain finish and is in good condition. My mother always said her dad took great care of this piece as it had great sentimental value to him. Dial – the dial has a full set of blue steel hands and is not signed. The dial is in fair condition and has a mineral glass The watch measures 44mm wide x about 9mm deep and the stem wind/ stem Set is about 14mm. I DO NOT ACCEPT RETURNS based on claims of measurement error as I always accurately described item dimensions of diameter and thickness. SOLD AS IS PayPal accepted. Payment must be made/sent in 48hrs/2days after the end of auction. Please contact me ahead of time if you have any questions regarding payment. Thanks. Item will be shipped the next business day after receiving payment/cleared payment. International buyers - please note that this item will only be sent with EMS along with insurance required to include insurance in which the cost will depend on the ending value of the item. By nature of the transaction I reserve the right to declare full value on customs.   Return can be made if the item received significantly deviate from the description and must be made within 3 days after receiving item. Any doubts must be addressed during auction period. I will not accept returns based on arguments that come after the bidding ends. If a return is granted, buyer must return the item first before reimbursement is made. Reimbursement will not include shipping costs. Request for returns made on the basis of claiming items are NOT AS DESCRIBED will be subjected to a 15% restocking fee and no refund will be given to original shipping cost. Please do not hesitate to ask questions – I will do my best to answer them and do so quickly. BUYER will pay for actual shipping AND insurance costs.On a side note: I will be making a donation to a charity of my choosing, just electing not to have ebay or paypal handle it.