This is a fine and rare Elgin company circa 1954 pocket watch in 10 karat gold field.The serial number is P801589 with 21 jewels and total of 9 adjustment .Movement setting is by lever located at 1.30  .The watch size is 16S or 42.69mm in diameter.The watch is in very good woking condition .The watch is very well kept for its age except one ding on the case at 7 o'clock.This fine watch weight is 93.40 grams.
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Manufacturer:Elgin
Manufacturer Location:Elgin, Illinois
Movement Serial Number:P801589
Grade:571
Model:20
Estimated Production Year:1953
Run Quantity:8,000
Grade/Model Run:14 of 26
Grade/Model Total Production:564,000
Size:16s
Jewels:21j
Movement Configuration:Openface
Movement Finish:Nickel
Movement Signing Style:Block Letter
Movement Inlay Color:Black
Movement Setting:Lever
Plate:3/4 Plate
Barrel:Going
Train:Quick
Regulator:Ball
Adjusted:Yes
Adjusted to Position:Yes
Adjusted # of Positions:6
Adjusted to Temperature:Yes
Adjusted to Isochronism:Yes
Total Adjustments:9