Need help to identify this Seamaster 166. 0279

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Hi all,

I have joined recently. And am looking for a classy Seamaster to add to my collection. Stumbled upon this Seamaster 1020 movement at eBay for $500.

I am very curious what you make of this and if it’s a good bargain / buy?
 
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In my opinion it's a nice watch for which the price of 400-500 USD it's the correct one..