Here's a nice find from the Dearborn show, a worthwhile addition to my collection of "pre-Hamilton" watches. From talking with a few people at the show I take it these 20-jewel Keystones are fairly scarce. I confess I'm surprised they didn't use nickel plates for a high-grade movement. My only nickel Keystones are 15J.

Rene, So, where did they put the jewels? The barrel isn't jeweled on the back plate; maybe on the dial side?

It has been a while since I stumbled across a Lanc.. I'm about due I think. Thanks for sharing the pic.
-Cort