77 Jewels - Where do they put them? - Page 2

Thread: 77 Jewels - Where do they put them?

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  1. #11
    Member gatorcpa's Avatar
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    Re: 77 Jewels - Where do they put them?

    Quote Originally Posted by AbslomRob View Post
    I'm pretty sure the additional tax on jewels ended in the late 50's; that was one of the reasons for some of the crazy jewel counts. The tarriff on additional jewels was started in 1930, and the 1955 tarriff was 0.14 per jewel in excess of 7 on top of the $10.75 for watches with 17 or more jewels. (What the Tariff Means to American Industries - Google Books)
    I don't think that is correct. I believe that the same tariff still exists today. However, the duty per jewel hasn't been raised since the 1950's, so it is of little consequence today. Here's 36 pages of the driest reading you'll ever find.

    http://www.usitc.gov/publications/do...er/1101c91.pdf

    Please go to this link, which is pp. 102-3 of your source:

    What the Tariff Means to American Industries - Google Books p.102

    These very high jewel count movements were clearly "upjeweled". Basically, the movements were 17 jewel automatics from Switzerland and all the unnecessary extra were likely embedded in parts added after importation to the US.

    Further discussion of upjeweling may be found here:

    What the Tariff Means to American Industries - Google Books p.111

    That book give an interesting economic view of the US watch market in 1954.

    Hope this helps,
    gatorcpa
    Last edited by gatorcpa; July 3rd, 2013 at 03:43.

  2. #12
    Member MikeTheWatchGuy's Avatar
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    Re: 77 Jewels - Where do they put them?

    I thought the additional ones were glued to the inside of the back of the case I've seen more than one watch that's about that bad. I have a 21 jewel AS-1187 that is an extra plate screwed on with an additional 4 jewels.

  3. #13
    Member AbslomRob's Avatar
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    Re: 77 Jewels - Where do they put them?

    I doubt they were upjeweled; remember that the jewel count had to be written in a indelible form on the movement for import. On "Upjeweled" watches, you'd either see the original jewel count "machined" out, or sometimes an entire jewel plate would be placed over the original bridge. Unless they were smuggled, of course, but companies like Waltham didn't do much smuggling. Yeah, one of the problems they had with the tariff is that the flat-amount approach they implemented in the 30's, while prohibitive then, were laughable in the 50's. Even on a 100 jewel watch, the import was just $13, and they probably charged at least $50 more then the a basic watch. Anyone have an ad for the Waltham 100?
    My growing collection of "affordable" vintages: http://www.abslomrob.com

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  5. #14
    Member HOROLOGIST007's Avatar
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    Re: 77 Jewels - Where do they put them?

    Well NO bids for my 77 Jewel lol
    NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.

    "Failure is not an option" - Gene Kranz
    "Owning a vintage watch is great, understanding where it sits in Horology is magnificent"
    and
    "By Teaching Others, We Teach Ourselves"
    Adam

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