Norman I'm also interested in the subject of watches. You might be interested to know that in the timeline of pocket watch history, it was Charles II, who in 1675, introduced waistcoats with pockets. Men now carried their watches in their pockets rather than on a pendant.
Values for watches are hard to determine, but I'd strongly suggest you not to sell it, or to try and scrap the gold. You'll regret it.
They don't make watch-cases like this anymore should you think you made a mistake in the gold-scrapping.
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Response to Guru Team by: Anonymous
Unfortunately there is no watch , just the case ! Regards Norman