Personally, I think that this model (and the rest from that era) looks like a 150 euro Yema (this one with a common 1-69 U.G. movement, or worst for the others a valjoux 72 ebauche, not even a U.G. manufacture !) and then of course the price is way overrated.
That's just my opinion but I can't overshadow the sentence "Universal Genève, la montre de bon goût", "Le couturier de la Montre", and this model was created in the bankrupcy period of U.G. It means, the obvious lack of technical innovation and "kitch" design that the model represented at that time...