Overpaying is a bit relative notion. I remembrr having overpaid some watches, which now, retrospectively, were not that overpaid, given they current value.
The most important, as always, is the watch. And luminous of the hands apart, you have a bomb. The long hour hand is a crazy detail as well as the red writing.
All in a superb reference, not easy to find.
As for the lume of the hands, well, a good watchmaker can correct that.
I find the dial quite charming as it is.
Bravo!
Nicolas
PS: One picture of mine, later compared to yours, not red, but how sexy!