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Date/Report Number …..011213.FNT5HY.04 Item:  1969 ELGIN HELBROS SELFWINDING QUICK-CHANGE
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Description of item: VINTAGE 1969 ELGIN HELBROS SELFWINDING QUICK-CHANGE DATE GOLD PLATED CASE CATS EYE DIAL FINISH RED & GOLD MARKERS 39 x 39 MM W/O CROWN WITH AS 1993 17J AUTOMATIC DATE MOVEMENT WITH ITALIAN HAND MADE TOP QUALITY LIZARD STRAP IN BLACK  CONDITION MINT.

.Estimated Retail Replacement Value $599.00


Reports are supplied at the request of the customer and it is for the customer's exclusive use. Reports express an opinion of the time of the examination of the jewelry. This report is for customers use only for the following two purposes, indicating estimated retail replacement value to obtain insurance coverage, or for the purpose of providing geological information. goldsmith Works does not guarantee that the appraisal valuation will result in a sale at the price. Estimated retail replacement value is arrived after analyses of what the approximate high retail cash asking price is for labor, materials, and design. These prices may be substantially higher than actual transaction or warranty with regards to any item described in the report, since jewelry grading is not an exact science, this  report represent the best opinion of the company. GoldSmith Works is in no case responsible for differences that occur by repeated grading by other experts in the field and/or use of other standards, norms, methods or criteria other than those used by GoldSmith Works. GoldSmith Works is expressly held harmless by customers including, but with out limitation for any claims or actions that may arise out of negligence in connection with the preparation of this laboratory report, or actions based upon the customer's use of the report. The information on the carat weight, clarity grade, color grade on the report is approximate due to the limitations in jewelry grading. The item was tested, graded, and examined under 10x magnification using the techniques and equipment available to GoldSmith Works, including fully corrected triplet loupe, binocular microscope, master color comparison guides, diamond color comparison tools, electronic carat balance, non-contact optical measuring device, and ancillary instruments necessary at the time of Exam

 

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1969
ELGIN
HELBROS
SELFWINDING
QUICK-CHANGE DATE
GOLD PLATED CASE
CATS EYE DIAL FINISH
RED & GOLD MARKERS

39 x 39 MM
W/O CROWN

WITH
AS 1993
17J AUTOMATIC
DATE MOVEMENT

WITH
ITALIAN HAND MADE
TOP QUALITY LIZARD STRAP
IN BLACK

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NEW FRONTIER QUARTZ + CHEAP OVERSEAS LABOR

By 1967, electric watches, tuning fork watches, and the factual "rumor" of the coming quartz watch, began to take a toll on the thousands of name brand and sub brand watch companies. With companies like TIMEX offering cheaper watches with cheaper movements manufactured by cheap overseas labor, the old power house brand names began to fold.

BREAKUP OF THE OLD GUARD

While luxury brand names like Omega continued to sell to their select clients, the mid level companies that once produced wonderful quality watches, began to feel the pinch. No amount of discounts or advertising  changed the market. Soon companies like RECORD, PIERCE, FAVRE LEUBRE, ELGIN, WALTHAM, AND MANY MANY OTHERS, began to buy each other out, sell the resources and use the name. Then came the new companies that were set up to simply buy up the resources of even more companies on the edge. Thus began the whole sale scrapping of equipment and the selling of the   brand name. And, when 1969/1970 brought the first quartz watch by Seiko, a non US/SWISS company, even more companies simply folded and disappeared.

ELGIN

The Elgin National Watch Company was a leading edge, mighty American watch company. Elgin took what was  a "cottage industry" where movements, cases, and parts were designed, built and then marketed by many individual companies and craftsmen to the largest mass production watch company in the world. Elgin introduced many new operating systems, procedures and machines. From mass stamping of wheels/gears, to specialty metals, Elgin remained on the cutting edge of watches manufacturing. In fact, Elgin had their own training program, libraries, housing and incentive programs that produced thousands of  trained professional watch makers.

HELBROS

In 1913, when only the relatively well-to-do could afford a timepiece, Helbros was created by the Helbein Brothers. The middle class Swiss German watchmakers goal was to manufacture quality timepieces affordable to the working public. Throughout the 20's and 30's, Helbros became a household name and by the 40's and WWII,    Helbros was supplying watches to American Forces and a major promoter of the War Bond efforts of the United States. Quick as a Flash was a 30-minute radio quiz program which featured drama segments with guest actors from radio detective shows. Created by director Richard Lewis and emcee Ken Roberts, the program debuted over the Mutual Network on Sunday, July 16, 1944. Sponsored by the Helbros Watch Company, the show was produced by Lewis and Bernard J. Prockter with scripts by Gene Wang. Music was by Ray Bloch and the Helbros Orchestra.Six contestants from the studio audience competed for cash and other prizes. Clues were presented in the form of dramatic sketches covering such subjects as current events, movies, books and historical situations. With a buzzer, a contestant could interrupt at any time to submit an answer.

ELGIN HELBROS

By 1968, Elgin National Watch Company ceased as a watch producing entity and  changed it's name to Elgin Industries. In 1969 a break away company that would organize under the name Elgin Watch Co in Delaware, purchased several HELBROS names including "Helbros Regency" in 1968. In 1969 Elgin produced some of the finest watches that were made. With most of the once well known brands gone, and others absorbed and producing watches with cheap low grade Hong Kong movements, these double signed watches would be the last of the olden days style watches. They had mid to high grade Swiss movements  and cases and dials that were brilliant period pieces. Signed HELBROS with Trade Mark on dial,  Elgin on rotor and Helbros on ratchet wheel, and Elgin on case, Elgin on crown, these wonderful watches were produced to gain NEW patronage... but the run was short because a year later the quartz hit the market causing future Helbros mechanical watches to be less than what that first run was.

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THE FIRST AND LAST
ELGIN/HELBROS
TOP QUALITY RUN
SELFWINDING
QUICK SET DATER

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THIS AWESOME HELBROS SELFWINDING
MASTERPIECE IS STUNNING AND
REPRESENTS THE LAST OF THE TOP END
ELGIN PRODUCED TIME PIECES

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WITH GOLD PLATED CASE
IN NEAR MINT CONDITION
MINT CONDITION CATS EYE STYLE DIAL
GOLD WITH RED INSERT MARKERS
SIGNED IN WHITE
LOGO
HELBROS
SELFWINDING
SWISS MADE

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SILVER HANDS WITH RED INSERTS
AND
RED SECONDS

THIS CASE IS 39 x 39 MM
W/O CROWN

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THE STRAP IS AN ITALIAN HANDMADE
LIZARD 20MM IN BLACK

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THE GRAINING SCALING IS LUXURY

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QUALITY

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CLEAN LINES
HIDDEN LUGS

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DOUBLE STITCHED AND PADDED

 

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THIS CASE, WHILE HEAVY, IS AWESOME

 

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THE CROWN IS SIGNED ELGIN

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I LOVE THESE OLD WATCHES WITH
COLOR IN AND ON THE DIALS

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A CLOSER SHOT

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THE FINISH IS MINTY

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OUTSIDE  OF MINOR WEAR ALONG SOME OF THE EDGES,
THIS CASE IS NEAR ABSOLUTE MINT CONDITION
IN FACT IT LOOKS LIKE IT WAS SOLD TODAY
RIGHT FROM THE FACTORY

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HERE ROCK IS KICKING IT WITH
HIS FINE RESTORATION

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NEW ORIGINAL CRYSTAL
THE COMPOSITION OF THESE CRYSTALS
WERE HARDER AND STRONGER THAN ANY BEFORE
AND, YOU CAN SEE THE THICKNESS OF THE FACE
YET, USING COMPOUND FOR SILVER POLISHING
SCRATCHES CAN BE BUFFED OUT

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JUST LOOK AT IT!
THE DATE IS CHANGED BY PUSHING THE CROWN IN
YOU WIND WITH CROWN SEATED
CHANGE DATE BY PUSHING IN CROWN WHILE SEATED
CHANGE TIME WITH ONE CLICK OUT

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THIS DIAL IS ORIGINAL
NO WORK TOUCH UP
OR
FINISHING
AT ALL

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CASE BACK IS STEEL

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NOTE

ELGIN S.A.
NEUCHATEL
SWISS
62931

THE ABOVE MEANS
ELGIN IS A SWISS COMPANY
LOCATED IN NEUCHATEL
SWITZERLAND

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THE MOVEMENT ROTOR IS SIGNED

ELGIN 251
SEVENTEEN JEWELS
UNADJUSTED SWISS

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THE RATCHET WHEEL IS SIGNED

HELBROS
WATCHES

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HERE WE SEE BOTH SIGNATURES

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AND SO
WHO ACTUALLY PRODUCED THIS MOVEMENT
THE MOVEMENT IS SIGNED UNDER BALANCE
AS
[in shield outline]
#1993

A. Schild S.A.
Adolph Schild-Hugi began producing ébauche and movements in Grenchen, within the canton of Solothurn, in the late 1890s.  Offering manual-wind calibers in all sizes, he became one of the largest movement makers in Switzerland. With 2,000 full time employees, AS would manufacture several hundred unique calibers.

In 1926, A. Schild, along with AD Michel SA in Grenchen and FHF in Fontainmelon, formed Ébauches SA,  which, while allowing each company to    remain a separate entity,marketed the individual companies movements and ébauches in Switzerland until they had cornered 75% of the market. The A. Schild movements were identified starting in 1939 by an ébauche stamp under the balance wheel consisting of a shield outline with the capital letters AS inside.

Features
automatic
sweep second
date: quickset by repeated pushing the crown
17 jewels
f = 21600 A/h
power reserve 44h

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CONDITION :
EXCELLENT  -  RUNS EXCELLENT
date sets and works
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