It's a great example of what it is. I doubt the case and hanger were made by Omega. It is most likely a piece made by a jeweller and if it is a known maker that will affect the value. Guessing the size of the dial at something over 20mm, those stones are sizeable. The reflections make the cut hard to see and the clarity impossible - but let's say you have over 8 carats there and just estimate them at £250 a carat, scrap - there's £2000. 18 carat gold is £22 per gramme ... the weight of this, less the movement ... who knows?
Now, if it's Hermes or some top flight maker ... you can add to the value.
I would suggest that the watch itself is of relatively little value but to the right collector ... yeah, I'll stick with £4000 or $5000US.
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