Are Elgin watches fake?

If the watch does not have a name, abbreviation or even “Elgin” inscribed on the watch, it is likely not authentic. The Lord Elgin watch should have a gold backplate and 21-jewel movements. Open the case back of the watch and write down the serial number inscribed on the gear movement.

Are old Gruen watches worth anything?

For example, a vintage 14K Gold Gruen Veri-Thin Precision Pocket Watch will be found around $400 if the watch is still in working condition, and a rare Gruen Barclay aka the Spider21 wristwatch serviced and in mint condition will reach a level of $200.