Universal Geneve Compax - Redial? A buy?

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It’s an indication that the well of good watches has run dry.

I' d rather say that there are lots of "watch sellers" (or "clowns" 😁) thinking they can get easy money doing shoddy work and pumping prices. Too many parasites create an impression of scarcity IMHO. Is this scarcity real? I don't know. I certainly can find interesting (to me) watches on a regular basis.
 
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It gets harder. In the past I scored nice watches for decent prices at the local version of Gumtree but nowadays everybody is a watch flipper.