How much is a 1953 Lord Elgin wristwatch that runs worth?

The value of a 1953 Lord Elgin wristwatch that runs can vary significantly based on its condition, model, and market demand, typically ranging from $100 to $500. If it features unique design elements or is in Excellent condition with original parts, it may fetch a higher price. Collectors often consider factors such as provenance and specific features when determining value. For an accurate appraisal, consulting a watch expert or appraiser is recommended.