Thanks again guys for all your help.
I had a special connection to my grandfather, and over the past five years Alzheimers got the best of him. but 98 years is nothing to shrug at. I don't specifically remember him wearing it, but he lived out of state, so the time i spent with him was mostly my younger years. I wouldn't have noticed his watch. It was the only watch in his jewelry case, so i am assuming it was at least his favorite. With that said, the sentimental value is extreme.
I actually took the watch to a sixty year old watch shop just outside the french quarter in New Orleans. I thought I would get a better review of it there. Admittedly the sales person was much younger that the shop, and probably not as versed in Hamilton history. I would really like to get the watch running and wear it as a reminder of my grandfather, but dropping $267 on repairing it just isn't in the cards right now.
My father's father passed last year, and i was able to get my hands on the watch he wore daily, a simple timex, not worth more than $50. When it stopped working, i was told that the repair costs would greatly exceed the value. Of course this watch has sentimental value as well, however, i just couldn't see spending that much money on a low quality watch. This Hamilton movement is a much better quality, and I feel like it is worth me looking into repairing it.
I had no idea i was conversing with such a notable Watch repair person. Rene I do understand that this is not one of the finest watches you have worked on (by far), but would you be willing to give me a quote on getting it running? I intend to pick it up from the watch shop today, and I could attempt to carefully open the back to look for additional marking if any of that would be helpful to you. I could also take a couple photos if requested.
Thanks again to everyone for the responses.