Sadly, all too true. The price of gold means that there will be a lot of orphaned movements out there, some may actually be sold (as opposed to remaindered for parts).
The price differential of functioning gold-cased PW and PW movement + lots of cash is simply too large right now. This is also the case (no pun intended) for vintage jewelry and gold coins: my wife has several of the latter, and it is increasingly tempting to sell for the gold content, as you can get the money immediately, rather than selling it as a gold coin of numismatic value.
Expect this to continue until we have more stable economic development and people are no longer worried about the economy and their jobs...