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 Posted: Sun Sep 5th, 2010 01:39 pm
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stew77
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Joined: Thu Mar 26th, 2009
Location: Colorado USA
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Congrats on this vintage beauty Simon!!!thumbsup.gif

Your hard work on these great vintage pieces is paying off very nicely for you.

Very good to hear that you are enjoying this one!!!

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 Posted: Mon Sep 6th, 2010 03:02 pm
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Simon_Leung
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Joined: Wed Mar 19th, 2008
Location: Richmond, Canada
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Thanks Stew.

I've always had a sentimental fondness for the
Art Deco Elgins,Bulovas, Gruen and Hamiltons.
These timepieces all had the high end
Made in USA watch movements.

An Elgin De Luxe 17 Jewel with an Adjusted in 4 Position
hand wound movement,is a rare treat in today's watch market.
Remember that in those days, the technology
was expensive but the cost of manual labor was cheap.

If a watch company were to produce this similar
movement in today's watch market. I can safely
say that the cost of production and manufacturing
would be astronomical. The cost of manual labor
is expensive but the technology is cheap.

During the 1940's and 1950's
the Federal Government in the U.S. imposed import
duties on watches entering the country with
"Adjusted in 2 Positions." 
Therefore,many Swiss brands wrote
Unadjusted on the movement to be exempt
from import duty.

A Good Example is:

The 1945-50 Longines Caliber 9L was a 17 Jewel
Unadjusted hand wound. This is actually a
movement that is Adjusted in 2 Positions.

Cheers,
Simon







Last edited on Mon Sep 6th, 2010 03:02 pm by Simon_Leung

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