Coin Slot

Issue: 1975 March 007

Coin Slot Magazine - #007 - 1975 - March [International Arcade Museum]
THE COIN SLOT
MARCH
1975
Orin Yeager, 7090 W. Fifth Ave., Lakewood, Colo. 80226, has a
magnificent Honest John machine, in "as new" condition (Orin's hobby
is the restoration of old machines, and he does a great job). He would
like to know if there is anyone else out there with a similar machine, and
if anyone could send photo-copies of Honest John literature. Please
contact Orin directly, if you can help him out.
WALTHAM WATCHES
If you have an old pocket watch tucked away somewhere, the
chances are very good that it is a Waltham. This old, reliable company
made millions of watches, many of which are still in service all over the
world. Go to any flea market in any part of the Earth, from Hong Kong
to Portobello Road, and you are sure to find at least a few Walthams for
sale.
The Waltham Watch Co. actually started out as Howard, Davis and
Dennison, in September of 1850, at 34 Water Street (now called East
Street), Roxbury, Mass. Edward Howard and David Davis were
making clocks and scales at this time, and Aaron L. Dennison joined
them, designing and making the machinery to produce watches. In
1851 the name was changed to the American Horologe Co., and then
later that same year to The Warren Manufacturing Co. Apparently
only about 1100 watches were made under the Warren name, and in
September 1853 the company was called The Boston
Watch
Co.,
located at Roxbury and Waltham, Mass. Throughout these name
changes, the three originators, Howard. Davis and Dennison,
continued to be active, taking on new partners and shedding them
along the way. The Boston Watch Co. failed in May of 1857, and a new
company, Tracy, Baker and Co., was immediately formed, this time
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again reorganized to form
rom Appleton,
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remained until Jan. d 1859
it
was
to The American Watch
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ad it became changed
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Co., and then,
finally
The
American
Waltham Watch
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Co., which
until
1921.
Dennison,
by
the
way
was treasurer of
w
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the company
http until 1862, when he resigned over a dispute with R.E.
without Davis and Howard, but still with Dennison. In June 1857 they
Robbins, who
was
treasurer of the company
from
1859
to
1902.
Dennison left the States and went to Birmingham, England, where he
started a watch case factor}'. He died there in 1895. Howard, the second
originator of the company, bowed out in 1857 to form E. Howard and
© The International Arcade Museum
http://www.arcade-museum.com/
Coin Slot Magazine - #007 - 1975 - March [International Arcade Museum]
THE
COIN
SLOT
MARCH
1975
Company, which lasted until 1903. Many, myself included, consider
Howard watches to be the highest quality timepieces ever mass
produced in the United States. Edward Howard died in 1904. As for
David Davis, I can find no record of him after 1858. Between 1853 and
1858 he was a stock holder in the Waitham Improvement Co., which
was formed to promote and build a factory at Wraitham.
The
various
Waitham
companies
produced
watches
of
every
description, for ever}' need, at every price. As The American Watch
Co., and The American Waitham Watch Co., the company produced
millions of movements. Naturally, watches with the Waitham name on
them are not too hard to come by today, if just because of the sheer
volume that were created. Movements with the earlier company names
are quite desirable, and are becoming harder to find.
The earliest models were key wind, key set affairs. The first stem
wind movement was number 410, 698. a 16 size watch, made in 1868.
As was the custom when pocket watches were popular, the purchaser
very often bought the movement separately from the case, thereby
choosing the grade of each item. (i.e. —a high grade movement in an
inexpensive case, or any other combination).
From looking at Waitham catalogues we can get some idea of the
different quality items they offered. One catalogue, from the 1880's,
shows an extremely wide range of timepieces, starting with model
number 1 at $8.00. This pavement had gilt plates, compensation
balance, seven jewels, and was stem wound. For an additional $2.00 an
anti-magnetic version could be had. Model 1883 had
15 jewels (in
settings), compensation balance, and nicely engraved gilt plates. The
cost was $11.00. For another dollar, nickel plates could be had. One of
the highest grade watches produced by Waitham was the Vanguard. It
retailed
for $60,
description is
a
or $70 in the anti-magnetic
version.
quote
which
from
the
original
ad,
The
best
stated
"21 extra fine ruby jewels in raised gold settings, double roller, exposed
pallets, embossed gold patent micrometer regulator,
compensation
balance in recess, adjusted to temperature, isochronism and position,
patent safety barrel, exposed winding wheels, patent Breguet
hairspring hardened and tempered in form, elaborately finished nickel
plates with gold lettering, plate and jewel screws gilded, steel parts
chamfered, double sunk dial. The Vanguard is the finest 18 size
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from -muse
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movement in the world."
ade and high grade Waitham watch in the
oad desirable
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a
Another extremely
ow
w.
w Maximus.
23 jewel D Riverside
This had all the refinements of the
w
/
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:
ttp then some! This model was produced in various batches
Vanguard h and
over the years, the first being somewhere around 1873. As production
went along changes were made,
including the amount of jewels.
Probably the most coveted of all the Waitham products is the five
© The International Arcade Museum
http://www.arcade-museum.com/

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