Gold-tone coin-style wristwatch bearing the Rouan name

This is a gold-tone wristwatch featuring a dial designed in the style of a United States Liberty Head gold coin. The dial depicts a left-facing profile of Lady Liberty with 'LIBERTY' appearing on her coronet, surrounded by six-pointed stars serving as hour indices. The dial bears a logo reading 'ROUAN' beneath a crown motif at the 3 o'clock position and is marked at the bottom with 'SWISS HONG KONG MOVT DIAL'. It features gold-tone hour, minute, and second hands. The case appears to be base metal with gold-tone plating, showing visible silver-colored metal where the plating has worn away, particularly on the lugs. The watch is fitted with a gold-tone mesh strap and a standard tang buckle. Visible condition issues include significant wear to the gold-tone finish on the case, strap, and buckle, as well as some surface scratches on the crystal. This aesthetic is consistent with mid-to-late 20th-century fashion watches that utilized 'coin-dial' motifs. While the dial suggests a Swiss or Hong Kong movement, the internal mechanics have not been inspected, and the authenticity of the branding is unverified without physical examination.

Based on the provided imagery, I have examined this gold-tone wristwatch bearing a mark consistent with the 'Rouan' name. The watch features a dial in the style of a U.S. Liberty Head gold coin, a popular aesthetic for mid-to-late 20th-century fashion watches. From what I can see, the case is likely a base metal with gold-tone plating, as evidenced by visible wear and silver-toned metal showing on the lugs. While the dial suggests a Swiss or Hong Kong movement, I cannot verify the internal mechanics or the validity of the branding from a photo. A physical inspection by a watchmaker would be required to confirm the movement type and overall functionality. The value estimate is based on the assumption that this is a standard fashion-grade timepiece from the era. The significant wear to the plating on the case and mesh strap, along with surface scratching on the crystal, negatively impacts its marketability. Comparable coin-style fashion watches of this vintage typically occupy a low price point in the secondary market due to their mass-produced nature and lack of precious metal content. If the watch were found to contain a solid gold case or a high-grade mechanical movement, the value would increase significantly; however, the visible wear patterns strongly suggest a plated base metal construction. To confirm its status, one would need an in-person examination of the case back and movement. Without such confirmation, this item is valued as a decorative vintage accessory. Should the attribution to the Rouan brand be incidental to a generic reproduction of the style, the value would likely remain at the lower end of the provided range.