That Washburn does look good in the photos, and the advantage with buying locally through Craigslist is that you can have a good detailed look yourself. Price is about OK if as described, I'd say -- roughly what I paid for a Ceccherini in similarly good condition.
Regarding the Embergher dragon, the "book" looks like music to me, and there's a laurel wreath around it. Is any of the celebrated Italian composers publically identified with a dragon? There may be an allegorical opera connection here, but what it might be escapes me. I also much prefer the plain scratchplate.