Well, the pic doesn't really show much about the head of the razor
I've seen ones in excellent, shiny-shiny condition, with the case in excellent condition and a pack of blades, like this one: http://www.mr-razor.com/Rasierer/One-Piece%20open comb/1937 Sheraton.jpg
... go for more than 60 bucks. Was it worth that? For someone, it was.
I've got two of these, and my latest one cost me 13 (good condition, case in very good condition) and my first one cost me 25 (very cood condition, razor and case).
I think you did fine. I have yet to shave with mine, but the day will come around soon.
Hope it helps,
-- Chet