[alvin]

Acquired a 16 size "Waltham" PW recently. 15 Jewel Model 1899, gold plated case ("GF"), unadjusted movement. From serial number, it's actually made in 1907. It's hard to believe it's made more than 100 years ago, the darn thing is in excellent shape and keeps excellent time. Probably overpaid a little bit. I saw similar PWs going $120 on ebay (probably a little bit less condition), but final price is still modest, under $200.

On Macy's 1920 ad, gold plated Waltham was for sale at $17.89 (similar to this one). But that's 1920s. Waltham with 14k gold case was $32.50. If adding fancy dial, it was $37.50.