First of all I'm not looking for a valuation here. Just asking a sort of general "what would you do?" question, and also maybe providing some images that forum members might find interesting.
I have this gold ladies' Rolex watch from 1927 (according to the serial number). It's a lovely little thing but the movement doesn't work (winder won't turn) and it has some rust damage.
There are things I like about this watch beyond monetary value - I like that it is a gold watch which survived being melted down in WWII. I like the engraving on the back which could indicate it was a 21st birthday present (just my theory).
However I'm thinking of selling it for whatever small return I can get - and I realise that despite the word "Rolex" on the dial it may not be worth very much. My conundrum is this: pay to get the rust cleaned off and the movement returned to working order, in the hope of selling for at least what I paid for it + what I paid for the service; or sell it as it is, hopefully not making a loss on what I originally paid. The risk of the former being that I could pay more for the service than the watch is worth, and make a big loss when I sell it.
To take the risk on getting a good price for the watch in working order, or just sell now? Any thoughts?