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Need help with identification and valuation - IWC Schaffhausen

Welcome !

I have a problem with IWC watch identification and valuation. On my " watch forum " in Poland I have found out that there is a Man named Michael Friedberg who knows a lot about swiss watches. I have been said that He is a forum moderator and IWC Expert. Maybe somebody knows where can I find Him ? The watch comes from early 50' ( as I expect ) and has an inscription - International Watch Co. Schaffhausen on its dial.
I would like to know what model is this, what is the exact year of production, what mechanism is inside ( cal. 89 as I suppose ), what is the market price +/- ect.
Sorry for a poor quality of photo, byt it is the onlyone I have in this moment. I will try to take some more and better.

Here is the link with enlarged photo :
http://www.hotofoto.pl/images/filiphf/beztytuu.jpg

Thanks for help from above.

Philip