Well, at this point the owner believes the jewellers valuation and is proving very stubborn on any price movement so it's looking pretty hopeless. I will bide my time, you never know, they might get the message after trying to off load it a few times at that price, fingers crossed I might get a second chance.
Thanks everyone for your input on this
Cheers Phil

: Not the first gold Heuer we have seen overvalued by a jeweller with
: no real basis in fact, knowledge of prior sales etc. 12k (US?)
: would be high for the "named", very desirable golden
: Heuers (Carreras, by and large) and is a hige stretch for one of
: these 40s watches. I'd agree that somewhere around a quarter of
: that would be more appropriate.