Well, 1) we'll need either pictures or a link to the item itself to make any determination of authenticity.
2) The Superocean chrono is neither especially sought after, nor NOT sought after - in other words it's a pretty standard piece that's not hard to come by, and you should buy if you like it (not because it's a sought after piece).
3) For pricing I'd suggest checking out similar models on Chrono24 and especially sold items on eBay (as sold items show what things have actually sold for instead of just what people are asking). This will give you an idea of what sort of value the price is.
4) What price you're prepared to pay is entirely up to you, but should be based on your findings in point 3.
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