You may find a new Elgin watch today, but it will bear no resemblance to the classic watches from Elgin National Watch Company. The company stopped producing watches in 1964 and sold the rights to its name to another watchmaker.
The classic Elgin Pocket Watches were produced for nearly one hundred years, from 1866 until 1964. Their factory was located in Elgin, Illinois and then relocated to a suburb of Columbia, South Carolina, which promptly renamed itself Elgin, South Carolina.
Elgin sold watches under the name Lord Elgin as well. They were best known for producing the only automatic movements in the USA.
Today, these antiques can be found only on the resale market, most notably on eBay. Their value varies greatly, depending on condition, age, and the model. While not the rarest or most-valuable collectible watch, they are well known as both classic and well-made pocket watches.