Sorry, you are correct, the new movement will be a 2326. When you bought the watch you probably knew it would require an overhaul so even $1,500 shouldn't have been a big surprise, and should have been in your calculation when buying. So now it is $2,200, not an unreasonable extra cost considering they have to replace the movement. Obviously you would never, ever, be able to buy a NEW AP Cal 2326 movement for $700, so in this respect you are getting a bargain. You'll just have to decide if you want to spend the money to get it back to factory spec'd condition or not. To me it is worth it, the design is a slice of 80's design, some don't like that era but I think it is attractive in its own way. These run about $9k or $10k today, so keep it in mind when you make your decision. If you decide not to go ahead you have a watch that is not useable and will be really hard to sell on the open market, if you fix it you'd at least be able to recoup most of your investment if you decide to sell down the road. The joys of vintage investing.
Knowing AP I would guess they would not give you the old movement, but you can always ask. I've never received any used parts on the numerous AP's I've had them overhaul, it's not their policy.
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