What in the world do I have?

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Back some time ago the family was cleaning out my grandpas house after his passing and I stumbled across this just laying in a drawer. Has a band that says speidel and the watch is still keeping time remarkably. So I did the googling and forum searching but there none that I could find with this calendar band, and most have a make distinguisher on the bottom of the face. Anybody know values and is it worth it to get restored in this condition?
 
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The band is aftermarket. Looked like a mid to late 50’s Seamaster. I’m sure others will chime in shortly!
 
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you seem have a nice watch from the late 50"s early 60's . need a look at the backplate and the movement for ref and dating . probably a bumper type automatic. Are the hands and indices the same colour? ..hard to tell in the light. If they are steel I think they may be replacements. Take the band off, it chews the lugs.. Not worth a pile of money but seems at first glance to be a mostly honest piece.Others will know more.
 
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My guess is a 2846 reference, but photos of the case back will confirm. Agreed the dial has bee refinished.
 
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you seem have a nice watch from the late 50"s early 60's . need a look at the backplate and the movement for ref and dating . probably a bumper type automatic. Are the hands and indices the same colour? ..hard to tell in the light. If they are steel I think they may be replacements. Take the band off, it chews the lugs.. Not worth a pile of money but seems at first glance to be a mostly honest piece.Others will know more.

back plate has an engraving in the middle with my great grandfathers name, it says sea master on the top and waterproof on the bottom, hopefully readable in the photo, the hands look ever so slightly more rosey color than the indices, maybe a half shade different if you shine light directly on it, the indices seem to have a barely more gold shine, the second hand sweeps with an incredibly small tick in between movements if that helps, and will take the band off now
 
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Being your great grandfathers I am sure it is worth a lot to you.
 
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Yes, it was especially common in the past. Items were not so disposable then, and if the dial looked aged or damaged, it was preferable to repaint it so that the watch could continue to be used as intended.
 
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The repainted dial keeps the watch from having much collector's value, however as an heirloom perhaps it's valuable to you.

The usual advice is not to send it to Omega because they will polish it heavily and substitute parts in an attempt to make the watch look brand new, which hurts its value, and charge you a lot for the privilege. If you want to wear it you should have it serviced, so the lubrication will be fresh and to find any problems in the movement. Many watchmakers can do that for you and if you post your location someone here might be able to chime in with someone nearby.