Are Elgin Watches Valuable? Even today, most of Elgin watches are in good working condition and can still be practical to use. You can purchase them from $50 to $300, while the rarer and more luxurious pieces may cost you more than $1,000.

How much do Elgin watches cost?

Depending on the material the watch is made of, as well as the year of production and the significance of the particular model, prices for a railroad pocket watch generally tend to range from anywhere from $200 to $5,000.

Where is the serial number on my Elgin watch?

The older the number is, the more valuable the Elgin watch will have for trade. Your watch will have two serial numbers—one on the case and one on the inner movement of the watch.

How do I find the model of my watch?

The model number is located between the watch lugs under the bracelet. One set of lugs displays the watch serial number and the other will show the watch model number.