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American Waltham kept their model assignments simple, naming them after the year in which they debuted, meaning that their Model 92 was created in 1892, though it would not be offered to the public until 1894. First marketed as the Vanguard, the Vanguard itself became one of seven grades within the Model 92 family, though it retained the top spot in the hierarchy with the highest jewel count. This superb example has the full count of 23 jewels, including diamond caps on the balance, the gold star regulator and a full set of matching hardware, and has just been fully restored after having been thoroughly disassembled and cleaned. It fronts an uncommon and flawless Montgomery dial and matching hands, and it's housed in a new replacement display case, made right here at American Timekeeper specifically for this movement and its precise dimensions. The case is made of anodized aluminum and 360 brass with relief cuts in the front bezel to make unscrewing it to set the time easier, and the convex glass crystals on both sides makes it easy to show off this exceptional survivor from the 1890s. All new cases come with a 12-inch Type I paracord lanyard and color-matched carabiner to prevent drops.