These movements were made in the millions for both military and civilian watches- should be easy enough to find a complete and functioning movement for very little.
It is a good thing these were made in the 10s of millions. Otherwise I would not have found this watch spread through a series of junk drawers and loose parts containers. A lot of the fun in this is finding the parts.
little is a relative term though. Finding 'free' parts in the junk drawer is one thing. Finding something online is different. This watch is of low priority. In a lot of ways I stopped collection back in the early 2000s becouse online sites made some of the search too easy. It was one thing to find a treasure that would show up at a mart, flea market or pawn shop. With online one could simply decide what one wanted then press a button. On the other hand a lot of the spam was for cheap watches.
I did take another trip down the rabbit hole. Partly as I had this package which is still sealed. I was also able to cross reference what may me the correct balance in my large cigar box full of Elgin staffs.
There is also a document 'TM 9-1575.pdf' which can be found with a simple search. This image is also easy to find and is probably posted elsewere on these forums or related ones.
Elgin is a curious brand. Probably a textbook example for those interested in business studies.
I the heyday of my collecting I loved pocket watches. So to me Elgin was synonymous with 19th century American made Pocket watches. Wrist watches were on the other hand something that was made in Switzerland. Produced in the 100s of millions, one for every US citizen per year. I did not pay them any attention as I was misinformed that these were all imported movements. The art deco stuff was interesting, but the dials are all naff as they usually turned black.
It did not help that a lot of the mass produced quartz watches in the 1990s were labeled 'Lord Elgin.' This did even more to tarnish the name. It is probably that I had to take this collection of stuff to get a single part. (Probably a pocket watch balance staff.)
Unlike the high value (and equally overproduced chronographs.) A quick cursory search for the parts I would need to fix this example are not as available, even for a price.
There also may be a shift happening in availability as well. Only a handful of complete watches are offered with price of the low 100s. I suspect with the you tube videos popularizing this model, that the supply is dwindling. For the same price I can get a junker chronograph with a usable dial.
This is not to say the material is not out there. The material houses have store rooms full which are sold as Steampunk art decorations. For the most part it is not worth anyone's time to sort through this. (Why someone will come up with an AI to measure and map this material)
Case example the photograph above of the sealed part. It is hard to know what model this fits. Opening the package would only destroy it. Of course it it was the part I need, I would do so, these are not that uncommon.
It does seem that we are in a transitional era. What was once low end an common is starting to become scarce. There is a difference between stuff that is rare. (Most book stores and libraries have a rare book room.) Rare just means it is not currently popular, or a common item that sells for a higher price or takes longer to sell. Vintage Elgin watches like this are a good example of a rare item. As
@JwRosenthal pointed out these were produced in the millions.
Scarcity is what drives market rate. The focus of these forums Omega watches are also rare. Yet if we look a the serial number charts these were also produced in the millions. Probably in the 100s of millions. Which is why the watch industry collapsed in the 1970s. It is also why I was able after a two decade gap to grow my collection by a dozen or so watches or parts 5 of which are branded Omega.
Inflation is also a factor. One gets used to paying a certain price. For myself this is 65USD. I do not like paying more than that. This of course limits what one can look at. On the other hand I have a few watches I would like to sell for say 400 to 500USD. But the market states that these may currently be selling for 120 to 250USD. While what I have is rare, it is not particularly scarce. Pretty much everything I have can be found online. None of it is scarce, and there are plenty of other example to supply demand.
My interest however are focused learning more about the stuff I do have. Most though is about the dreams for what is to come. Probably why I have so many project watches for which this is probably one of 100.
Mostly though I am addicted to information overload, Which I find this forum supplies way to much of.
-j