Omega Seamaster 14761

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Hello everyone,
First post as a newbie collector of vintage watches and I have purchased my second vintage watch. I wanted to know if it was genuine (which I'm pretty sure it is) and rough value. I am planning to wear it and keep it so it's not really important but would be nice to know. I bought it from an old man in Stockholm for $350. There's a reasonably deep scratch on the case back. I really love it!

 
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Few more added details.
Watch is running well and the everything seems to be working, looks like some slight rusting on the second hand. He said it was "gold on steel" instead of gold plated which I didn't really understand the difference.