The Ingersoll Watch Company grew out of a mail order business (R H Ingersoll & Bro) started in New York City in 1882 by 21-year-old Robert Hawley Ingersoll and his brother Charles Henry. The company initially sold low-cost items such as rubber stamps. The first watches were introduced into the catalogue in 1892, supplied by the Waterbury Clock Company.
In 1896 Ingersoll introduced the Yankee watch priced at $1.00. It was cheaply mass produced from stamped parts and without jewels so that it would be affordable to everyone. They were producing 8,000 per day by 1899, and started advertising that 10,000 dealers carried their "dollar watch." By 1910, Waterbury Clock was producing 3,500,000 "dollar watches" per year for Ingersoll. Over twenty years nearly forty million of these watches were sold, and Ingersoll coined the phrase "The watch that made the dollar famous!" Theodore Roosevelt mentioned that during his hunting trip in Africa he was described as "the man from the country where Ingersoll was produced."
In 1904 Ingersoll opened a store in London, England. In 1905 Robert sailed to England and introduced the Crown pocket watch for 5 shillings, which was the same value as $1 at the time. These were made by a British subsidiary, Ingersoll Ltd, initially assembled from imported parts, and later made entirely in their London factory. These watches were made until the late 1920s, after the American parent company had collapsed.
Ingersoll bought the Trenton Watch Company in 1908, and the bankrupt New England Watch Company in Waterbury, Connecticut, for $76,000 on November 25, 1914. By 1916, the company was producing 16,000 watches per day in 10 different models. In 1917 they produced another popular watch with 7 jewels called the Reliance. In 1919 Ingersoll developed a watch with the so-called "night design", the Radiolite with luminous dial.
Other articles related to "ingersoll watch company, company, watch, ingersoll":
... Originally, the company produced clocks as less expensive alternatives to the high-end European counterparts of the time ... In 1887 the company began experimenting with its product line leading to the creation of the large Jumbo pocket watch invented by Archibald Bannatyne – named after the famous P ... Ingersoll, a salesman and eventual marketing pioneer ...
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