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The Model 3 was the successor to the earlier Model 1 with an identical plate layout, though with improvements to the winding pinion, setting mechanism, and mainspring click, and the gear train was upgraded to a quick rate of 18,000 BPH instead of 16,200. Roughly 40,000 of them were produced in all grades, making them fairly scarce. It debuted at SN 10901 in four separate grades, with the 15-jewel adjusted Grade 101 being the highest that the factory had to offer at the time. This survivor from the late 1880s is from the very first block of Model 3s and the second run of its grade overall, and still has all of its original jeweling. It was recently restored with a thorough cleaning and timing, and has a full set of blued screws and an intact regulator assembly. The original snow-white dial is in excellent condition with a cursive signature that matches the plates behind correct blued light spade hands, and the heavy and shiny nickel-silver swingcase was converted to display with NOS glass.