I just got into this hobby as well. I also love Walthams. My first watch is Waltham. Serial #
13084567 I just got the watch a month ago. I am in a similar situation. I took an ok online course Tick Tock Pro for $90. I learned a bunch of things, but still have many questions. I really want to interact with someone who knows what they are doing it person. I want to be an apprentice. It is also difficult to prioritize what to get next because I have a watch allowance, and at this rate, it'll be June before I get my first watch done. I'm too scared to take apart my beloved Waltham, so I bought a cheap not-working-but-all-there Elgin that I've been disassembling and reassembling for about a week now.
I also acquired another Waltham 625 at an estate sale 2 weeks ago. Same movement as my first. It is running, but not when held dial down. I'm going to dive into this one next.
I don't want to assume your budget, but for me this is a super expensive hobby and I am terrified that I won't even be able to get a watch cleaned. I live in MA less than an hour from Waltham. I went to the watch shop down the street from the original factory and talked to a Waltham expert whose grandfather worked in the factory. He would charge $500 to service my watch. It would be worth it if I didn't want to take on the hobby myself. Ive spent a bunch more than $500 learning hobby watchmaking and my watch is no cleaner. But she keeps good time and will hold a wind for at least 12 hours. So I build my skills on other watches.
So far, I've spent another $67 for a rough running Waltham 625, $30 on the non-running-but-all-there Elgin, and $15 for a lot of 6 for-parts movements. $20 on screwdrivers - trash. $160 on good screwdrivers - good. $170 on a vintage mainspring winder, and $80 on an ultrasonic cleaner. $90 online course and $90 NAWCC membership. And a lot more much smaller purchases. I am getting somewhat inexpensive tools for somethings, but more expensive tools for other things. I'm going to try to go vintage when I can for tools. I think I'll be able to clean a watch that just needs a mainspring and new oils by this summer, and probably for about 3 times what it would cost to have a professional clean it, but then I get to collect watches and clean them myself. But will take longer and a bigger investment before I could do more advanced part repairs.
A watch, good screwdrivers, magnification and tweezers is all you really need to start to see if you think you can do it before you go too far down the rabbit hole. If you like you existing watches but are fearful of breaking them, buy a practice watch.
Good luck and have fun,
- John