Looks straight to me Paul. And a very nice watch to boot - even the chrome-plate looks to be in good condition and that is rarely the case on these (or the Monza equivalents, the Modena is rarer), congratulations.

I'm sure Jeff would be happy to receive more of the high-res photos, this would make a good addition to the OTD galleries.

And I second Arno's request for more information on the provenance (just country is fine if you don't want to go into detail) as it could help in nailing the nature of the relationship between Modena and Monza.