Veritas was the name Elgin saved for its finest railroad movements. The 18-size, 21-jewel grade 239 went on sale in March 1901, introduced to the trade alongside the 23-jewel Veritas and the 19-jewel B.W. Raymond as Elgin's new Model 1901 line. Elgin's description reads like a list of everything it knew how to do, with jewels in raised gold settings, gold train wheels, a double roller with a steel escape wheel, cap jewels on the pallet arbor and escape pinion, damaskeened plates and a double-sunk glass enamel dial. Later catalogs list ruby, sapphire and diamond jewels. Pocket Watch Database counts about 18,800 made through 1912, all open face and lever set. Elgin also made a hunting version, grade 274, advertised as the 21 Jewel Veritas Hunting by 1905, and only about 4,000 of those were built. Collectors sometimes file the Veritas under dress watches. Elgin built and sold it for railroad service.
Double-sunk glass enamel
Spec at a glance
Maker
Elgin
Grade engraved
239
Family
Veritas
Class
Railroad grade
Jewels
21 jewels
Size
18s
Setting
Lever set
Era
Golden Age (before 1920)
Years made
1900–1912
Typical eBay ask (Oct 11, 2026)
$725–$1,050
The grade
What the 239 engraving tells you
Veritas was Elgin's top railroad name. In 18 size the 239 is the 21-jewel version, the grade 214 has 23 jewels, and the hunting-case grade 274 is the scarce 21-jewel Veritas Hunting. Elgin also made 16-size Veritas grades, including the 21-jewel 270 and 375 and the 23-jewel 376 and 453. Check the grade by serial number, since a 21-jewel 18-size Elgin can also be a Father Time or a B.W. Raymond.
What to check
Glass enamel dials crack and chip, and many were replaced or refinished. The gold-finished parts and damaskeened plates show every scratch from careless servicing, so look closely at screw heads and plate edges.
01Movement: Ask the seller for a photo of the movement. It should carry the Veritas name and 21 jewels, with gold train wheels.
02Serial number: Read the serial off the movement, not the case. A grade 239 falls between 8,575,001 and 16,278,300.
03Hunting version: If the case has a hinged front lid, ask for the serial. A hunting Veritas should be a grade 274 from 9,625,001 to 11,588,000.
04Screws and plates: Zoom in on the movement photo. Screw heads should be clean and the damaskeening unscratched.
05Dial: Look closely at the double-sunk enamel dial in the photos. It should have no hairlines or chips.
06Lever setting: Ask the seller to confirm the hands set only with the lever pulled out. The crown on its own should just wind it.
Buying guide
Which one to buy
§ Oct 11, 2026
The one we'd buy is the 1901 grade 239 titled works and keeps time, at $699 delivered, just under the band. There are only about 11 for sale and most ask $725–1,050 delivered, and five plain "Estate" listings that look like one seller don't name the grade or jewel count, so make them show the movement. A 239 should read Veritas and 21 Jewels with gold train wheels and a serial between 8,575,001 and 16,278,300, and a hunting case means it's a grade 274 instead. Check the seller's feedback on the item page, since eBay's pocket watch search doesn't show it.
Listed now
11
For parts
0
Typical ask
$725–$1,050
Full range
$699–$4,500
★Cheapest
$698.98delivered
The lowest ask at $699 delivered, titled 1903, 18 size and running. The title doesn't give the grade or jewels, so ask for a movement photo showing 21 Jewels and the serial.
Titled grade 239, 21 jewels, 1901 and keeps time, for the same $699 delivered as the cheapest, so you get the grade in writing. Running isn't a service, so budget for one before you carry it daily.
1901 Elgin VERITAS Railroad Grade 239 Pocket Watch 18s 21j WORKS KEEPS TIME HUGE
Delivered prices include shipping as eBay quoted it to a US address on Oct 11, 2026. Many sellers charge by distance, so your total may differ. eBay shows yours before you pay.
Snapshot
For sale on eBay
8 of 11 listed
Checked . Some may have sold.
Delivered prices include shipping as eBay quoted it to a US address on Oct 11, 2026. Many sellers charge by distance, so your total may differ. eBay shows yours before you pay.