Hiram Jacob Miller wasn't my ancestor. He was the brother of my great-great grandmother, Margaret Miller Towns. And from what I've found about him I doubt very much that he could have afforded a solid silver watch.
Do you have any idea where the watch came from? Hiram Jacob died ca 1905 in Red River Co, Texas. His children that I've been able to track moved to Oklahoma and at least a couple of them went on to California.