The watch looks legit to me, with some obvious condition issues. Not a watch that most collectors would find appealing, but not terrible. I don't know what currency "450" corresponds to, but assuming it's USD, Euro, or GBP, it's not a crazy starting point if the watch is running.
If you like it, make an offer that you're comfortable with. I really have no idea what the seller would accept. You can also use the eBay sold-items search function to see what similar watches have sold for recently. Keep in mind that you might have to pay to have the watch serviced.