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Top Ten 18-Size Watches That Increased the Most in Value in 2023

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Elgin B.W. Raymond 240 - 11.3% Value Increase in 2023

In this article, we will cover the top ten 18-Size American pocket watches that increased the most in value last year, according to the value guide on the Pocket Watch Database.

Because wider fluctuations are expected for watches that do not sell as often, we will only be evaluating the year-over-year change for watches that have 250+ recorded sales, have value estimates above $150, and are within 25% of the estimated value at the end of 2022. Estimated values are all statistically derived from actualized sales.

When evaluating and discussing value, it is always important to note that actualized sale prices are influenced by far more variables than can be distilled into a single “valuation” figure, including overall condition, originality, sales venue, buyer audience, marketing efforts, time of day, quality of the listing, service history, and unique features that make certain watches more desirable such as marking variants, dials, and cases. Estimated values should only be considered as a general guide, and the market will determine the final value of any given watch at the time of a sale.


1. Hamilton 926 (18-Size, Model 1, 17 Jewels)

Value Increase: 22.4%
Current Estimated Value (Average, Working Condition): $188


2. Elgin 12 Chas. Fargo (18-Size, Model 1, 7 Jewels)

Value Increase: 20.1%
Current Estimated Value (Average, Working Condition): $152


3. Waltham Appleton, Tracy & Co. (18-Size, Model 1877, 15 Jewels)

Value Increase: 17.8%
Current Estimated Value (Average, Working Condition): $159


4. Elgin 57 G.M. Wheeler (18-Size, Model 1, 11 Jewels)

Value Increase: 17.7%
Current Estimated Value (Average, Working Condition): $166


5. Waltham Vanguard (18-Size, Model 1892, 23 Jewels)

Value Increase: 14.4%
Current Estimated Value (Average, Working Condition): $423

Image of Waltham Vanguard #10565933 Movement
Courtesy of PWDB Contributor Rickglick1

6. Hamilton 927 (18-Size, Model 2, 17 Jewels)

Value Increase: 11.3%
Current Estimated Value (Average, Working Condition): $211


7. Elgin 240 (18-Size, Model 8, 19 Jewels)

Value Increase: 11.3%
Current Estimated Value (Average, Working Condition): $251


8. Illinois 64 (18-Size, Model 2, 15 Jewels)

Value Increase: 10.0%
Current Estimated Value (Average, Working Condition): $182


9. Hamilton 940 (18-Size, Model 1, 21 Jewels)

Value Increase: 8.9%
Current Estimated Value (Average, Working Condition): $251


10. Waltham P.S. Bartlett (18-Size, Model 1892, 17 Jewels)

Value Increase: 8.0%
Current Estimated Value (Average, Working Condition): $188


7 Comments

  1. Would like a reference for a high quality repair facility. Have a 992b that I have owned for 60 years. Dropped it and got the balance stem.

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