§ 6602 Savings Account Deposit Rules

• •You can open a savings account with money or other valuable things, like property, if the bank allows it.
• •The bank decides how much the property is worth when you use it to open the account.
• •If you lie or cheat when opening the account, the bank can cancel it.

You want to open a savings account using your gold watch instead of cash.

The bank can accept your gold watch if they allow it, and they will decide how much it's worth. If you lie about the watch being real gold, the bank can close your account.