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From the American Horology Archive:
Elgin National Watch Co.

Grade: 17

W.H. Ferry

Manufacturer: Elgin ?
Manufacturer Location: Elgin, Illinois ?
Movement Serial Number: 340331 ?
Grade: 17 ?
Variation: W.H. Ferry ?
Model: 1 ?
Class: 4 ?
Estimated Production Year: 1874 ?
Run Quantity: 300 ?
Grade/Model Run: 1 of 2 ?
Grade/Model Total Production: 400 ?
Variant Est. Production: 300 (18S-M1-11J-HGK-U-W.H. FERRY) ?
Grade/Model Unrealized Production: 100 ?
Size: 18s ?
Jewels: 11j ?
Movement Configuration: Hunting ?
Movement Finish: Gilt ?
Movement Setting: Key ?
Wind Mechanism: Key ?
Plate: Full Plate ?
Barrel: Going ?
Balance Type: Solid ?
Train: Slow ?
Regulator: Plain ?
Adjusted: No ?
Railroad Grade: No ?
Movement Markings: W.H. Ferry Elgin, Ills. ?
Case: Various ?
Run ID: 318.17G1.18S297.181M270.H317.K290.11J155 ?
Data Research: 1896 Elgin Serial List
1904 Elgin Serial List
1915 Elgin Serial List
1927/1950 Elgin Serial List
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Database Version: v52.978 ?
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Registry Population: Scoped for This Run Only: 5 (1.67%) ?
$ Estimated Value (12 Month Change): 0.00% Analyzing 64 Sales ?
Research Note: #340336 Verified as Marked "W.H. Ferry." #340477: Verified as Marked "W.H. Ferry" with solid gold balance [IHC185]. #340485: Verified as Marked "W.H. Ferry" with a solid gold balance. This represents the first of two runs blocked for Grade 17 movements. Based on serial distributions analysis, the second run appears to have been terminated early. Possibly 100 of the 200 serial numbers originally designated were actually manufactured.