Thank you for playing! We agree that we didn't give the players the proper amount of explanation pre-game. I will be placing a small explanation in the game soon to hopefully give other players a better experience. :)
Yes, a few NPC's carry pocket watches. This is the second most valuable item. You would also find a lot of them carrying gold medals, or if you are really lucky - the necklaces on a few of the ladies are worth a lot. :)
Thank you again. :)