Handsome 18s 23j Waltham Vanguard railroad watch

A handsome railroad watch made by Waltham Watch Co. in 1902.
 
The 18 size nickel movement is a top grade model 1892 with 23 jewels. The 1892 was Waltham's best 18 size movement as it incorporated all of the developments up to that time. It features 23 jewels with raised gold screw set jewel settings, a fully capped Swiss Lever escapement with double roller, Sapphire pallets, gold timing screws, and a Church 1892 micro-regulator. The watch also has a fully jewelled patent safety barrel, and is adjusted for timekeeping accuracy in 5 positions. The watch is full Railroad grade and in fact far exceeds the minimum requirements.
The watch is running strong in all positions and is keeping very good time. It is stem wind and lever set (Remove the screw on front cover and withdraw the small lever by the 2, rotating the crown now moves the hands to set the time), both functions working smoothly.
 
 
The movement is held in a solid Nickel Alloy "Swing Out" style case. The movement is actually attached to a solid ring which is in turn hinged to the main body of the case allowing the movement to be swung out of the case. To do so, pull out the stem as if trying to set the time, unscrew the front cover and at the 6 there is a small indentation to allow a fingernail to swing out the movement. When returning it may be necessary to jiggle the crown to line up the winding stem square.
This case is in lovely condition, the front screws on and off easily and the swing out functions as it should.
 
Double sunk white enamel dial is in fair condition as there are a couple of light hairlines visible. All of the printing is crisp and sharp though. A good set of blued steel spade style hands indicate the time under a good acrylic crystal.
 
Overall a fairly scarce and highly collectible top grade Railroad watch in fine condition for it's age and working as it should.