Gold scrap value in wristwatches not usually important. With gold at $1100 now in the larger pocketwatches it is making the ordinary ones hard to sell much over scrap value and not really influencing yet the total value of the fine collectibles. This is my experience, not that of a real authority. A few dealers seem to think the solid gold big cases deserve higher asking prices than warranted by demand. Sensible ones know better. Click second time for better reading.
SEE REPLY BY ROLAND RANFFT MODIFYING MY OPINION ABOUT DEALER OVERPRICING.