If I were just starting to get into Hamilton watches, my advice to myself would be, "just focus on solid gold models". Of course, with gold still over and $4,100 per ounce, that would make solid gold purchases a little on the less common side, at least it's not over $5,000 like earlier this year. People must be buying diesel, instead.
So why would my advice be that, you say? It's mainly because the cost to maintain a solid gold watch is the same as the cost to maintain the least expensive RGP or stainless model. However, the maintenance cost to total value is a lot more favorable.
If you had a collection of 10 solid gold models, worth something like $10,000. Assuming you needed to service 2 of them each year (so that all of them are serviced every 5 years), then you'd be looking at an annual service cost of around $400.
If you had a collection of less expensive models, say $400 a piece, that would be a collection of 25 watches. To get all of them properly maintained every 5 years, you'd have to service 5 per year, costing about $1,000. That's 2.5 times the maintenance cost on a similarly valued collection.
The other important aspect is solid gold models are really, really, nice. They are arguably the best that Hamilton made from all of the well above average models they produced - the best of the best.
If you were prudent enough to follow my advice, your collection would most likely include a 1948 Barton. The Barton is a classic tank-style watch and it was produced through 1952. It looks very similar to other 1940s models, perhaps most closely to the 1941 Gordon - but the Gordon was cased in solid 18K gold. You can't go wrong with either, so if possible, why not get one of each?
Being in a solid gold case and a tank-style, you'd be correct to assume that the Barton uses a 14/0 sized Hamilton movement, specifically the 982M.
My project watch is in classic, "as found in a drawer" condition. It shows quite a bit of wear and is soft on the edges but the best thing about solid gold cases is they don't wear through to show brass. If you did wear a hole in one, a talented goldsmith could fix it for you.
This example looks pretty good, albeit with a beat up crystal and an unfortunate scratch on the dial. Still, I hope I look this good when I'm pushing 80 years old.
The crystal is a high walled cylinder style. It's got quite a few edge chips so I'll replace it.
Perhaps the best part of this example is it's a ghost of Christmas past. If I had to create a small Hamilton collection, I'd curate one with solid gold watches with Christmas presentations - it doesn't get better than that unless it said something like "To my darling.... " those are always special.
One thing I think is interesting about this design is it appears that the hidden lugs could be flexible. They're not, but sometimes in watch designs they can be. The lugs on the Barton are fixed in place.
The crown is a replacement and it's lost it's gold layer on the outer surface so it appears to be silver. A detail like this is a bit of a distraction to my eye, so I'll install a proper Hamilton crown in it's place.
The inside of the case back is stamped Baron and is presented along with quite a few previous watchmaker's marks inside. This watch was well cared for over the years.
If the engraving on the case back didn't give it away, this is a 1950 example and by the end of the 1940s the 982M design lost it's solid gold medallion in the train bridge and received an engraved M in a circle in it's place. It's not as pretty as the earlier version of the 982M but it was still the best the Lancaster factory could produce.
Despite the myriad prior service marks, this mainspring barrel still has a blue steel mainspring inside. It's likely set into a tight coil and lost most of it's potential energy. I'll replace it with a fresh white alloy Dynavar spring.
I'll prep a new glass crystal for installation while all the parts are in the ultrasonic.
I'll also prep a new mainspring.
Everything is clean and dry - time for reassembly with fresh lubricants.
The movement is now back together and ticking away with a brisk motion.
Well, that's not too shabby... it's right on the money.
I've been working on building out a collection of Hamilton crowns... I'll post about that in the near future. In the meantime, here's a sneak peak. I'll pick a nice 14/0 crown from my stash.
The finished project now looks as good as it runs and it runs fantastic. This watch is now ready for another 80 years of wrist time.