I'm watching that one. I have the earlier version of that watch with a 19A inside instead of the Grand Prize series (34x/35x). It's a partially hidden crown model.
The sad part is the person who sold the watch for melt value could have easily doubled their money selling it as a whole watch. Those watches go for around $1000 or more in mint condition. Bet the value of that 14ct case was about $475.