Maybe that extra swivel up front is the original from the butt stock. The one in the butt now looks like a 70's Marlin .22 rifle swivel,,the type with a wood screw thru the center.
Looks like a decent rifle too me. I don't know about a refinish on the wood, pics are a tough way to make a determination.
Butt plate looks right (Winchester steel) from what can be seen.
The rear aperture is cranked way over. Maybe just someone playing with it. Maybe the front sight is off some how..
I agree that $1000/$1200 seems to be a common asking price for a common configuration Sedgley rifle,,not that you see one at every show or shop you visit.