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Yes. 10K r.g.p. means that it is 10k rolled gold palladium. Its 10k gold fused,under heat and pressure,to a base metal...usually brass or steel. Its thicker than just gold plating,and gold filled items...but not as valuable on the market as a solid 10k piece. Its found quite often in vintage watches from the 50s and before. Scrap value is still there,just dont expect to fetch as much as a solid gold item. Most watches are sold for more as a vintage watch than for the scrap gold they contain.

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