500 what currency? Pesos?
I think your calculation of scrap value on this watch is a bit off.
The case only (without movement, dial, crown, etc.) might (!) have a mass of 15-20g - but this is not pure gold!
It is 9K which is an alloy of roughly 1/3 gold content only
So do the math...
at 15g it is 177 pounds or 225 US$
at 20g (which is an optimistic estimate) it is 236 pounds or 300 US$
Click to expand...