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The watch looks a bit dirty for an newly serviced watcth, Also the endlinks looks wrong. A repainted dial dont look like this I think and are the hair looking things inside or are they cracks in the crystal?
$300 is about what it is worth, perhaps a decent deal. Though, based on the condition, I doubt the "recently serviced", so expect to have to pay another $300-$400 to get it professionally serviced if you want to wear it.