White Octagonal Pocket Watch / Pendant Watch in the Style of a Swatch AP Collaboration

This item is a white plastic or resin pocket/pendant-style watch resting inside its original box packaging. The watch features an octagonal bezel reminiscent of the Audemars Piguet Royal Oak design, adorned with multi-colored accents designed to resemble bezel screws in shades of orange, blue, pink, green, yellow, and purple. The dial displays a textured waffle-pattern (tapisserie style) in white, featuring colorful hour markers and light blue hands. Printed text on the dial reads 'swatch SWISS' at the top, an 'AP x swatch' logo in the center, 'Royal Pop' near the bottom, and 'SWISS MADE' along the lower edge. A white textured strap or loop extends from the top crown section. The owner has supplied the context 'Swatch AP', which remains an unverified user claim. While the markings are visually consistent with a Swatch design concept referencing Audemars Piguet, without physical examination by a specialist, the piece cannot be verified as an officially released collaboration, custom creation, or novelty piece. The overall condition appears clean and unused inside its gray display insert.

Based on what I can see in the provided image, this item is a white octagonal novelty or concept pocket/pendant watch styled in the manner of a Swatch and Audemars Piguet crossover. Per user submission, the owner identifies this as a 'Swatch AP' piece. The dial bears markings consistent with this visual theme, including an 'AP x swatch' graphic, 'Royal Pop' text, and a tapisserie waffle dial with colorful accents resembling Royal Oak bezel screws. I cannot verify from a photo whether this piece represents an officially released brand collaboration, a custom aftermarket modification, or an unendorsed novelty design. A physical inspection by a watch specialist, along with original documentation or manufacturer records, would be required to confirm its exact origins and production background. Assuming the item is a custom novelty, fan-made creation, or homage piece in good visual condition, I estimate its value in the $50 to $150 range. The estimate relies heavily on the novelty appeal, visual condition, and inclusion of the display box. Should this piece be determined to be an official, limited-release collaboration between the referenced makers, market demand among pop-culture and watch collectors could drive the value higher. Conversely, if it is an mass-produced imitation or standard novelty watch with minimal collector interest, the secondary market value would likely drop to $20 to $40.