Mike - is it a trick of the light or do I see a recessed-hub escape wheel on this? It also looks like the chamfering of the star wheel is suited to a higher grade watch (as is the gold train). What does the dial look like?
This falls into the 14th run of assorted specials and is the first example from this run that I have seen. A brief review of my research on these assorted runs can be seen on the Pocket Horology Chapter (174) web site --> click here
Now that I have had a chance to check my records I find that I do have a couple other watches that have been reported to me from this group of 350 movements. These are two different private-label 18-size 1892 models reported. One is for N.Gamse, New York and the other is for Geo.W.Beall, Lindsay. I do not have pictures of these or information on the jewel count.
I have seen several of these watches over the years. They were purchased as parts by a horological school and finished by the students, and then submitted to the Bureau of Standards for a certificate. The students could get a dial with their signature although most I’ve seen have a Waltham marked dials. I talked to one Denver watch maker, William Eich, who carried his watch, and was able to buy the watch finished another Denver watch maker named Jesse Hanson. I would be somewhat surprised if your watch isn’t 19 jewel as all the others I’ve had apart have the jeweled barrel.
Bill - this is some great information! Do you know the serial numbers of any other examples? I wonder if it was a discrete block of movements that Waltham provided to the horological school or just a random grab of unfinished movements.
It's been 35 years since I've seen William Eich's watch and 20 since I've worked on any but mine. That being said, I believe they were all in the same group of numbers. At the very least all were listed as assorted specials.