First off, the watch has a replacement rotor. This is a big, thick and heavy gold watch. And that’s how I’ve reached the price: gold content (about 45 grams of 18 carat gold) + the sum of its parts (comes head only but with the buckle). Case looks great, with its bevels intact. Dial is mint. Hands have lost some of its black paint. Shipping to be discussed (depending on location). Watch keeps time nicely, but no guarantees (hasn’t been serviced in my possesion, but there wasn’t a need for it). No returns this time. If you don’t like it: melt it down