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Underpriced?

I have followed this auction ( http://cgi.ebay.it/VINTAGE-1970s-HEUER-AUTAVIA-Ref-1163-AUTOMATIC-Cal-11_W0QQitemZ350250962925QQcmdZViewItemQQptZUK_Jewelery_Watches_Watches_MensWatches_GL?hash=item518c958fed&_trksid=p3286.c0.m14 ) out of curiosity: it has just ended with what I believe is a low price for a pretty decent item.

I am not an Autavia expert at all: do you think that there was something not perfectly ok with this watch that has been priced in? Or the fact that there was no steel bracelet and the bezel was not that immaculate has taken its toll on the final price?
Alternatively: was this a real bargain?
Third case: correct price full stop?

Ciao,

Paolo

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