Martin:
The last model and grade of Waltham's famous Vanguard was the 1623 (numbered that way because it was 16-size and 23-jewel) grade Vanguard. This was produced from the late 1930's into the 1950's. Domestically, these were cased in factory model, Waltham-signed, Keystone J. Boss grade cases and were furnished with a single-sunk dial signed "Waltham Vanguard 23-Jewels." Some movements seem to have been furnished to some dealers for alternate casing.
From information in the data base that Ed Ueberall and I maintain, it seems that between 1937 and 1943 the dials and the cases of many of the 1623's were also marked with the word "Premier." It's not clear to us if all dials and cases made during this period were marked this way (the ones on watches from that period that are not so marked
might have been switched). I've not seen any Waltham (or other) literature describing or advertising the Premier Vanguard or that indicates if there was any distinction between those 1623's having the "Premier" marking and those that don't. Given a choice between one with a case and dial marked "Premier" and one not so marked, all else being equal, I would choose the "Premier" marked watch.
The number of jewels notwithstanding, the 1623 Vanguard was the technical equal to the Elgin 571 B.W. Raymond, and the Hamilton 992B. These three were direct competitors, see their ads in the below link. The Record-Ball 435B Official RR Standard, a contemporary watch of the others, was a more advanced watch, equal in timekeeping ability but superior due to its Incabloc and Kif anti-shock jewel mountings. Collectors tend to look down upon it partially due to it being Swiss-made.
All of these watches were factory cased for domestic sale (Some movements seem to have been furnished to some dealers for alternate casing). The very approximate production quanitites are:
992B - 520,000
-571 - 180,000
1623 - 200,000 (very rough guess)
435B - - 3,600
Collectors feel that the Hamilton name gives the 992B a greater prestige, so despite the fact that it is the most common of the four, by far, examples of the 992B typically sell for a higher price than the others, in similar condition.
Kent
That guy down in Georgia
[This message was edited by Kent on November 25, 2003 at 12:14.]