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If he's your buddy he certainly won't mind having it authenticated by a real person who knows what they're doing going through the real watch and, if it is indeed authentic, what needs fixing (if anything).
Until that's done, there's no point in asking random strangers online about value or what should be offered because the potential price if it is or loss if it isn't is far too high to not to. As Speed says, they aren't given away like ball point pens.
As far as year, once the bracelet is removed there is a long (in the millions) serial number between the lugs and you can find charts online showing the best guess as to when it was manufactured. The other 5-digit number (as will be the case with this watch) between the other lugs is the model.
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