Everything began when Florentine Ariosto Jones, an American engineer and watchmaker, decided to travel to Switzerland and found the "International Watch Company" in 1868. With a highly-qualified Swiss crew and the most modern machines from overseas, he expected to make high-quality mechanisms and watch parts for the American market.  Later, he met Johann Heinrich Moser, a watchmaker and a manufacturer from Schaffhausen that made pocket watches for, among others, the empire of tsars. Moser, a pioneer in the industry, had just installed in Schaffhausen a hydraulic station run by the Rhin waters. This station provided cheap energy but to very few people. It was just what Jones needed and he settled the company IWC there.  Jones, besides being an excellent businessman, was an excellent watch designer. His first mechanic pocket watches with "Jones caliber" presented exceptional characteristics.  Some years later after its foundation, the ownership of the "American" watch factory was taken by Swiss hands. At the same time the philosophy of the product "Probus Scafusia" (the confirmed excellence of Schaffhausen) would arise maintained unalterable till our day.  Johannes Rauschenbach-Vogel bought the company in 1880. Four generations of the Rauschenbach family owned IWC, with varying names. Only a year after the sale, Johannes Rauschenbach died. His son, Johannes Rauschenbach-Schenk, was 25 years old when he took over the IWC company and ran it successfully until his own death on March 2 of 1905.  The manufacture showed IWC's spirit of innovation already in 1885 with the first pocket watches with digital indication according to Mr. Pallweber patent. Soon, IWC developed pocket watch mechanisms that even today and once revised would reach the precision of a chronometer. Nowadays these IWC watches are extremely rare and sought after collector's items.