Welcome aboard and congratulations on your guitar. I have no idea (nor care to) what you paid for the guitar. However, I would take it to a good luthier and have your questions answered because a refinish and some other work on a vintage guitar can diminish its value greatly. If I paid vintage price on a guitar that had been refinished, and they didn't tell me, I would be irate. If it wasn't purchased as a collectible vintage and you got a steal on it I would mostly be concerned with the tone/sound of the guitar which you stated wasn't what you expect. About a guitar's potential? I don't think there is one. It is what it is. You either love it or not.
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