Last weekend I bought an old pocket watch from an antique shop. It was in a hell of a state and did not work at all. I paid £15 for it.
It has a stem wind and a button you have to press at the same time you turn the stem to adjust the time.
The movement is signed as London made. It is engraved with "Waghorn bros Croydon."
I believe the case was hallmarked in 1902.
When I got it, the case did not snap shut and someone had stuck blue tac inside to hold it closed, presumably for sale.
I have dismantled, cleaned and oiled it. Once reassembled, it ran brilliantly and has continued to do so. My only concern is it does gain time. It seems to gain time more when the main spring is running down.
Over a day, what is acceptable time gain for an old pocket watch?
From my point of view I am delighted with it. To think it did not work at all when I got it and now it works and I have managed to adjust the case to the point that it closes I am very happy.
It is missing the loop for the chain, can anyone advise the correct terminology for this part as I would like to replace it.