Pleasant Surprise. Ingersoll Areo

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My aunt gave me a watch my grand father owned. She had it in a drawer for 50+ years.

I don't know what year it's from, but it could be from the late 30s or early 40s. It seems to be in remarkable condition giving it's age. And the bracelet is very cool. I plan on getting this serviced (I hope no issues, I have yet to wind it) and wear it for special occasions.

$3.25 in 1940 is equivalent to $70 in 2023. What a deal!

 
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Veeery cool. Congratulations 😀 And sure looks to be in great condition. I take most chrome watches from that period have worn down quite a bid.
 
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Quite often, watches of this sort have the month and year of manufacture stamped into the movement plates. The Ingersoll “Yankee” was an early example of a “dollar watch” selling for one dollar, prior to about 1910. The early offerings were back wound, with a key. The example in the ad appears to be stem wound, and offered for $1.50. I think the watch is possibly as old as the mid to late 1920s. Check the movement for a date stamp.
 
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Serial number 94 xxx xxx so based on a chart I found it dates it from 1942.

I took it to my watchmaker and he said he could not service. No parts, but more importantly could not take movement apart as it does not use screws (I forgot what he said it uses). Basically he said it's a dollar watch and compared it to the Swatch of current day.