Sorry To hear about your grandfather. Redial aside, it’s a lovely 40’s style watch that appears in excellent shape. I would find a local watchmaker (not a jeweler), and have it serviced- shouldn’t cost more than $125-150 for a clean and lube provided it doesn’t need any parts. If you don’t have a watchmaker near you, ask here and you can get tons of recommendations of people to whom to send.
Don’t get stuck on originality or value, it’s your grandfathers watch. If you want to wear it as a dresser watch, get a nice padded croc strap which would be era appropriate (rios1931 makes both croc stamped leather or real croc depending on your budget and they are a a steal for the value) or put it on a Nato strap to dress it down and wear with t-shirt and jeans- or both.
I have over 40 watches, but my grandfather’s gold filled Gruen which isn’t worth $60 is still in my collection, serviced and in rotation at least once every few months.
Enjoy it and welcome to the collective.
James
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