American Waltham Watch Co., Waltham, Mass., a model 1892 "Royal" pocket watch, 18 size, 17 jewels, stem wind and lever set, adjusted, damascened, two tone nickel plate movement with lever escapement, cut bimetallic balance with gold screws, gold jewel settings and Church micrometric regulator in a 14 karat, yellow gold, engine turned and engraved hunting case, roman numeral, double sunk white enamel dial with blued steel spade hands, serial #7537246, 172.1g TW

CASE: Case has housed another movement; Shallow flat, band, near pendant; Very fine scratches on outer surface of case; Very fine scratches on inner surface of case; Localized case knife marks on cuvette; Acrylic crystal; Bow and crown with minor wear; Precious metal content marked. DIAL: Faint hairlines, seconds bit and 6:00; Edge flakes, 6:00. HANDS: Mismatched. MOVEMENT PLATES: Very fine scratches on plate; Minor spotting; Regulator and winding wheels with a few specks of oxide; One bridge screw with minor oxide; Specks of dirt. MOVEMENT FUNCTION: Running order (winds, sets and ticks), circa 1900