Don't use the Insert Image button, that's why you're getting the IMG tags on either side of the image. Just paste the BBcode.
The shot is nice, the hotspot wasn't distracting until it was brought up, now I can't stop looking at it. I like the first shot, the white balance isn't an issue. I'd probably add a small amount of noise though, give it a bit of an "older" feel. As for context, it kinda gives off a mafia-type vibe to me, like Don Corleone emptied his pockets onto a cigar box. I like it. Add a little bit of noise, change the color tone a bit for a more "antique" look, and see how you like it.
As for the hotspot, I'd just try angling the watch a little bit and shoot a frame each time, see what angle works to remove the hotspot. The watch being in the background and out of the DOF makes it possible to put it at a steeper angle if necessary and it won't hurt the shot.