GUEST
This is my father's pocket watch, and he wore it every day that I can possibly remember, and has this little leather thong on it. He was a cattle rancher down out of Ritzville, and he wore it on his belt loop, in his pocket, and he didn't wear a regular watch because he worked so hard that he would break a regular watch, like, in three or four days, so he wore it always when he was, like, baling hay or driving tractor or throwing calves.
APPRAISER
Let me tell you about the watch a little bit. It's made by the Waltham Watch Company...
GUEST
Okay.
APPRAISER
...in Waltham, Massachusetts, all right? They started in Roxbury, but they soon after set up shop in Waltham. They went into business in the mid-1800s. They went out of business in 1957.
GUEST
Really?
APPRAISER
Yes.
GUEST
So this is old?
APPRAISER
Yeah, sure. Now, at the end of production, they made approximately 35 million pocket watches.
GUEST
Oh, okay.
APPRAISER
So there's a lot of them out there.
GUEST
Yes, it is.
APPRAISER
Now, let me tell you about yours. It's a railroad watch. It has these large Arabic numerals. Down below, you have a subsidiary second hand. But did you ever notice the other dial up on top of the watch?
GUEST
Yeah.
APPRAISER
Do you know what it's for?
GUEST
No.
APPRAISER
What it is, is it's a wind indicator. When you wind the watch, it tells him how much power is left in the winding mechanism, so it wouldn't run out accidentally.
GUEST
Huh!
APPRAISER
It's an added feature. It's the kind of thing you don't see on every railroad watch. Now what we want to do is, we want to turn it around.
GUEST
Okay.
APPRAISER
What we're going to do is talk about what makes this watch a little better than the average open-face railroad watch. In the center is a diamond end stone. Usually, they're synthetic rubies.
GUEST
Is it a real diamond?
APPRAISER
It's a real diamond, yes.
GUEST
Ooh!
APPRAISER
We see over here it's a Waltham Vanguard.
GUEST
Okay.
APPRAISER
And then we travel over here, and it tells us that it's 23 jewels. 23 jewels is a nice option. A lot of them are 21. And then we go up here and we see that it's six-position. A lot of them came five positions.
GUEST
Mm-hmm.
APPRAISER
So these are just... All those little bells and whistles...
GUEST
Wonderful.
APPRAISER
...that add up and tell us that it's a quality watch.
GUEST
Uh-huh. Great.
APPRAISER
Let's turn it around.
GUEST
Isn't that something, that a rancher would have a railroad watch?
APPRAISER
And a very high-end one.
GUEST
Yeah.
APPRAISER
If you have to go out and buy this watch again today, I feel you would have to pay somewhere between $3,000 and $5,000.
GUEST
Holy Toledo! Whoo-hoo!
APPRAISER
(chuckles)
GUEST
That's wonderful. You're kidding?
APPRAISER
I'm not kidding you, no.
GUEST
I mean, he banged this thing around every single day on this thong, just tied to his... This is wonderful! Thank you!
APPRAISER
I'm so glad you're happy.
GUEST
Oh, I love it. Thank you so much.
APPRAISER
You're welcome.
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