Bill
32054
Delamination of the clear laquer.
I would have to subscribe to the theory of moisture intrusion.
But i would expect PP to take into consideration this is not an abused watch. But like any item of value maintenance has a cost. Not saying this is your fault but the if they will return the watch to you fully restored and the cost of a full service it may be fair and will give another solid five years trouble free.
It is a tough call.