early 50's IWC 89 - legit?

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Hi guys, what are your thoughts on the following watch? Movement and case numbers date it to around the early 50s, but I'm not come across such a combination of dial and hands. Could it be a franken?

 
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Case and movement look OK. It's the caliber 89, one of the best manual wind movements of the era.

However, that's a horrible looking redial. Logo isn't even close.

66603-fs-vintage-18k-pink-gold-iwc-cal-89-37mm-dress-watch-w-near-mint-dial-and-case-serviced.jpg

That's what this dial should look like. Also, I'm pretty sure the hands aren't right either.

I'd say that it's time to move on...nothing to see here.
gatorcpa