jewel being used as a bearing, a hole was drilled directly into the pocket watch plate and a pin attached to the gear sat inside the hole. This was a simple and effective way to drastically reduce costs. Oiling was very important to reduce wear on the metal-to-metal contact surfaces, and the movements did eventually wear. But the goal was achieved - make a watch affordable for the everyday worker.
Even though Ingersoll watches are not particularly valuable, they are considered highly collectible, they are a little piece of American history, and in my case a little bit of my family history.
For more nifty things and interesting stories be sure to visit the Vintage Thingies Thursday participants listed at ColoradoLady!