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#8 |
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Join Date: Jul 2007
Location: US
Posts: 3,843
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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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