GUEST: I brought my dad's pocket watch from when he worked on the railroad. He purchased it in 1946, and at that time he paid $100 for it.

APPRAISER: All the people that worked on the railroad had to have a certain quality of watch.

GUEST: Right.

APPRAISER: And this is a really high-quality railroad grade. This is a 21-jewel ball, six-position watch. A watch like this probably retails for about $1,000 to $1,500.

GUEST: Wow, nice.