How does this relate to gold pocket watches, wrist watches and jewelry?
The value of antique pocket watches, collectors wrist watches and estate jewelry are not based entirely on a “scrap” or melt value. They have an intrinsic value as well. Simply stated – they will never be produced again. This double value (bullion paired with collectibility) simply adds to the appeal and desirability of watches and jewelry. This duality of value also puts you – the collector in a very advantageous position providing you look towards the future and sense the trend before its to late. Something took place on May 12, 2006 which gave us at Ashland and most likely many other dealers around the world a “bit of a scare.” Gold spot hit $730.00 per ounce and now we had literally hundreds of items posted for sale at less than melt! Gold pocket watches, ladies Retro wrist watches with gold bands, bracelets, necklaces, gold watch chains and more – all up for sale but worth more for their gold weight! Here’s a prime example. Lets look at the gold value of a medium heavy Waltham or
