1970s Waltham "Incabloc 17" Bark Finish Bracelet 22.5mm
Ref: 876

In 1850, Aaron Dennison founded Waltham, a company that completely transformed watchmaking by introducing the American Watchmaking System. This innovative system was based on the concept of interchangeable parts, which had never been employed before in watchmaking. Waltham's precision machinery ensured that each component was identical, making the assembly and mass production of reliable watches more efficient. Waltham's success grew with the release of the Model 1857, the first American-made pocket watch to achieve practical success. This was a turning point for the company, manufacturing a range of pocket watches, including high-end, elaborately decorated movements like the "Vanguard." Thanks to its reputation for precision, Waltham became the preferred choice for the American railroad system. Its dependable timepieces ensured strict schedules were maintained, contributing to national growth and synchronisation. Despite facing significant challenges, Waltham persevered and became a crucial supplier for the US military during World War II. Their factories produced pocket compasses, timepieces for soldiers, and timing devices for weaponry. In January 1958, an agreement was reached between the Axler-led Waltham Watch Co. and the Chicago-based Hallmark Watch Co. They moved their operations from Massachusetts to Chicago. In the summer of 1962, Waltham opened a new factory in Neuchatel, Switzerland. In 1968, it was announced that Waltham would be acquired by a Swiss group headed by the Invicta Watch Co. During the 1970s, Waltham was merged into an association with other Swiss makers of inexpensive watches, the Société des Garde-Temps SA (SGT). However, due to the quartz crisis, SGT ceased operations in 1981.