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Even though the 1xxx series movements are notoriously plain and under decorated, that one is so low rent as to make me think it’s not chronometer rated at all.
I def know that the band is not original, but one thing that intrigues me is the 'diamonds'. I fully understand this is not an iced out version or some standalone piece of art for lack of a better term. Would you say the 'diamonds' are VVS1 quality, or anything to really talk about? You would think given the year and the cost they would be of somewhat quality. I am not assuming F's
I would also add that at 37m the watch serial is later than 1972 (if that matters to the OP), more like 1973-5 by my rough estimation