Antique pocketwatch by Elgin with serial number 12548797 is a 16 size, 17 jewel, grade 340, model 7 movement that dates to about 1907. Movement runs but likely needs a proper cleaning and servicing for accurate time keeping. There is a chip to the dial under bezel at 1 o’clock. There us a small dentvti bezel and some faint wear to case. Otherwise, the watch is in pretty excellent condition. See photos for more details.