Contact a couple of your local auction houses and they will give you a good idea of the value.You could then decide whether to sell with them, you can put a reserve price on if you do not want it to go cheaply although you will have to pay commission of around 15 to 20% plus VAT.
Jewellers will generally have to put 2/300% on top of what they pay you to cover overheads so you are unlikely to get a good price for the
watch or the gold
If you have a gold chain and you want the best price go to a bullion dealer , this is what the jewellers do.
I went all around Brighton lanes getting valuations on some gold jewellry left to my late wife by my sister. 4 Jewellers valued it at £600 to £ 700, one who was not interested in buying pointed me to the locsl bullion dealers ...to whom it was sold for £948.
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