Congrats on a great family heirloom. That watch has had a rough go of it, but apparently was well loved.
If you can open the case back (using the appropriate spannng wrench), the reference number will be on the inside case back which will tell us which model it is, the serial number on the movement will narrow down date. If you don’t have the tool, a watchmaker can do this for you when you get it serviced.
As for it’s future, you can just get it serviced and wear it like that if you want- warts and all. If you were looking to have the dial restored, I’m sure someone here could recommend a competent watchmaker that has a dial restoration company in their Rolodex. It’s usually frowned upon by collectors to restore a dial, but if you find the damage unpleasant to look at, I would go for a restoration. If you think the patina on the dial speaks to its history and like that, then it just needs a crown and a service and is good to go.
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