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From the American Horology Archive:
Elgin National Watch Co.

Grade: 214

Veritas

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 12864696 ?
Grade: 214 ?
Variation: Veritas ?
Model: 8 ?
Class: 89 ?
Estimated Production Year: 1907 ?
Run Quantity: 1,000 ?
Grade/Model Run: 8 of 22 ?
Grade/Model Total Production: 22,700 ?
Variant Est. Production: 19,700 (18S-M8-23J-ONL-U-VERITAS) ?
Grade/Model Unrealized Production: 1,300 ?
Size: 18s ?
Jewels: 23j ?
Jewel Material: Ruby & Diamond ?
Jewel Setting: Raised Gold Settings (Screw-Set) ?
Movement Configuration: Openface ?
Movement Finish: Nickel ?
Movement Inlay Color: Gilt or Black ?
Movement Setting: Lever ?
Plate: 3/4 Plate ?
Double Roller: Yes ?
Barrel: Jeweled Safety ?
Train: Quick ?
Train Material: Gold ?
Regulator: Traveling Nut (Spring) ?
Hairspring: Breguet ?
Pallet Jewel Material: Sapphire ?
Standard Dial Type: Double-Sunk ?
Adjusted: Yes ?
Adjusted to Position: Yes ?
Adjusted # of Positions: 5 ?
Adjusted to Temperature: Yes ?
Adjusted to Isochronism: Yes ?
Railroad Grade: Yes ?
Movement Markings: Veritas Elgin, Ill. U.S.A. 23 Jewels Safety Barrel Adjusted [Some Marked "Adjusted 5 Positions"] ?
Case: Various ?
Run ID: 5750.214G16.18S2568.188M61.O1857.L1755.23J25 ?
Data Research: 1909 Elgin Serial List
1915 Elgin Serial List
1927/1950 Elgin Serial List
?
Database Version: v52.978 ?
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Registry Population: Scoped for This Run Only: 18 (1.80%) ?
$ Estimated Value (12 Month Change): +8.40% Analyzing 374 Sales ?