It's real but a reprinted dial.

It means that the dial was in poor condition or replaced and reprinted. So it has lost much of its value to a collector.

it is an excellent redial - the watch isn't a collectors piece, but if you like the look, go for it.
just be aware the ref. 789 is quite small bei today's standards, a bit below 33mm

Interesting that his other offering, a ref 790, has almost the same dial redo. A good job but pretty obvious.

[url]http://www.ebay.com/itm/Vintage-Breitling-Stainless-Steel-Chronograph-Wristwatch-Ref-790-Military-1940-s-/222311091105?hash=item33c2c60ba1:g:~bgAAOSwx2dYJNFP[/url

These are 70 year old watches. Generally dials this old show at least some fading/wear. Particularly the smaller, outside numbers (the tachymeter scale). I would also expect some patina or light rusting on the dial. Although, its not impossible to find dials this old in excellent condition.

There are more subtle things that show its a redial. I am not experienced enough to give a complete list, but here are a couple of things to consider:

-The font for "Breitling" appears a little more angled and curvy than it should be.
-The font for "Premier" appears to be a bit larger than usual.
-The "g" in Breitling runs into the "r" in Premier. I have never seen that in an original dial.

When in doubt, compare the dial to some of the same era that are known to be genuine and look for the subtle differences.





Usually redials are MUCH easier to spot due to sloppy printing. For example: http://www.ebay.com/itm/Vintage-Chronom ... SwNRdYAP4r

one easy "tell" to add for this example: Breitling always combined lume dials with lume hands, it also makes very little sense to have lumed arabics that glow in the dark, but non-lume baton hnads that you can't see, does it ?