GUEST: Well, my husband collects watches and has a few for himself, and picked that one up and, uh, gave it to me.
APPRAISER: What's so interesting about it, it's not just a watch. It's a clip pin.
GUEST: Yes.
APPRAISER: It was made in the 1940s by Concord Watch Company, which is a fine Swiss watch company.
GUEST: Mm-hmm.
APPRAISER: It shows sort of the exuberance of the '40s. It's very Hollywood, it's very Miami.
GUEST: Mm-hmm.
APPRAISER: It's just very over-the-top. Have you worn it both ways, as a bracelet and as a pin?
GUEST: Mm-hmm. Yes.
APPRAISER: Because of the fact that '40s jewelry is just so popular, and the Hollywood glamour...
GUEST: Mm-hmm.
APPRAISER: ...and just the flower, and just the whole look of the piece...
GUEST: Mm-hmm.
APPRAISER: ...it would probably bring at auction somewhere between $25,000 to $30,000. If it was in a retail jewelry store in a high-end resort area...
GUEST: Mm-hmm.
APPRAISER: ...of course, substantially more than that.
GUEST: Wow.
APPRAISER: So for insurance, you probably want to put it somewhere in around the $40,000 price range.
GUEST: Wow.
APPRAISER: It's an unbelievably gorgeous...
GUEST: That's great.
APPRAISER: ...retro 1940s piece of jewelry.
GUEST: Excellent.
