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$550 is about right considering that you need it cleaned and lubed anyway. Send it to switzerland. Please send it to switzerland. Do you really want some random person who probably doesn't know what he is doing working on a family heirloom?
I have had too many watches butchered by local "expert" watchsmiths to ever trust anyone else ever again except the OMEGA specialists at the factory.
In fact, I learned watchsmithing for that reason. I have all the tools and can do almost everything myself, but for this you ought to treat it right.
Send it home.
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