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Lovely watch! No idea of value but if you know the exact model, you may be able to find out on this site -:
http://www.watch-prices.com/asp/priceguideman.asp?ManCode=128&Logo=hamilton%2Ejpg
Looks like a Hamilton Sedgman. http://www.hamiltonchronicles.com/2014/12/1953-sedgman.html
Looks like they run asking price roughly $900-$2000. Of course that's relative to condition and demand. Nice watch!