Hello Loxanna,
Welcome to the IWC Forum.
This is a nice and interesting time piece, with important family roots.
It will be difficult to authenticate your heirloom watch without opening it. This operation should be performed by a watchmaker. You should try to obtain both the movement and case serial numbers. With this information you can check the "Date your IWC" web tool (just do an internet search). The database should return probable manufacturing & first sale dates, together with a "Calibre" for its movement. Pictures of the movement would enable visual confirmation of its authenticity.
In the meantime, my hypothesis is that the watch looks authentic, but the dial may have been repainted at some stage. This is not uncommon, dials of this age can be subject to some degradation caused by humidity for instance. The hands, crown, and case appear to be genuine at first sight. Finally, the German market has always been important to IWC Schaffhausen (a manufacture in the German-speaking part of Switzerland), so this in a way (slightly) increases probability that the watch is not a fake.
Good luck with your quest. If you happen to obtain pictures from the movement and serial numbers, please do post them here and Forum members will be delighted to help you.
regards,
Zoltan