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It looks like an older type ladies watch and the color looks like gold, I'd say you got the real deal! Congrats!
They usually didn't bother to mark it if it wasn't gold back in the day, little more honest I guess.
Unfortunately it seems MOST people were a little more honest back in the day....people rarely locked their doors, no need for spare keys...you could leave them in the ignition...when you bought something, the vendor only had their reputation to sell their goods cause tv was still not prevalent like today. Cjon and I stopped yesterday at a guy's house to ask info on his neighbor's house, and the poor guy looked like he was about to pee himself, lol. The funniest thing was that he was at least twice Chris's size! Big burly biker looking guy, ha! People just don't trust strangers anymore.
Very nice gold find you've made. Gold has eluded me so far this year.