Welcome to OF
@adamB
What you will need to take into account here is that the forums are a very knowledgeable group. Everyone is more than happy to share information and expertise, as long as everyone makes effort on what they're posting.
You've provided several good quality pictures and have given a background on the watch, and have said that it's in your possession. That's already a great start compared to some other people when they first post
Now onto the watch. You say that you are aware of the redial and that is fine with you. You may be fine with that, however...
As
@efauser has pointed out, the case probably does have corrosion near the crown, and there has been some heavy polishing work on the case. Parts of the case are still dirty, there's been a fair amount of dirt/oil inside the caseback (and probably coming from the movement) and the rubber gasket (the black ring inside the caseback that helps prevent moisture and air getting into the watch) is pretty worn.
@omegastar also pointed out that your watch is missing a case clamp.
Knowing that, if it were me, I would be asking for a refund of the watch if the seller allows it. I only say that as for $500USD, you can get a much better watch with an original dial and better case condition, and without missing parts that would prove a liability. This watch does not appear to have been serviced; if the seller did say that, it looks more like a quick clean and dip the movement in oil sort of job. So if you do decide to wear this watch, you're going to have to pay at least half the price of it to see if there are any
further issues within.
I hope this information helps you and look forward to your response here :>
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