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Trenton Watch Company - $225 (Midland)
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You have a classic "cross-border" timepiece:
1. The Heart: A Trenton Movement (Serial #2197021) made in New Jersey around 1902.
2. The Body: An Empress Case (Serial #7197022) made by the American Watch Case Co. in Toronto.
The fact that both serial numbers start with "7197" and "2197" is a neat coincidence, but it doesn't change the identification—it’s a high-quality 10-year gold-filled Canadian case holding a reliable American workhorse movement.
Value Breakdown
* Working Condition: The watch is currently running and keeping good time.
* Case Material: Since the Empress case is gold-filled (typically guaranteed for 10 years) and not solid gold, it does not have a high "melt value." Its worth is based on its integrity, such as a lack of "brassing" (where the base metal shows through the gold).
* Pristine Condition: A case with no dents and a dial with no hairline cracks or chips is increasingly rare for a 120-year-old timepiece.
* Jewel Count: 1902 Trentons are 7-jewel model