Thread: Waltham PW
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Unread 06-13-2013, 06:37 AM   #8
alvin
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Quote:
Originally Posted by alanint View Post
I researched it and managed to sell it for a bit over $1,000.
Watch with solid gold case is a big variable. The price swings big time. There was a retail model with Waltham Riverside movement on ebay a few days ago:

http://www.ebay.com/itm/Antique-14K-...-/230993517975

Given the total weight of 2.3oz, even if the case is only 1oz (probably a little bit more or less, I don't know), 14k is 57% pure, the 0.57oz gold has $800 value. But the market sentiment on gold is very negative these days, so the watch sold $810, only around raw material value. I bet all bidders of this watch having that in mind. Missed this one.
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