I'll just tell you what I think then you can decide what to do and by all means get other opinions. The Chippendale style dates to 1750-85. They used this ball and claw cabriole leg that looks like a birds claw holding a ball. Originally comes from the Chinese whom depicted it as being the foot of a dragon holding a pearl he obtained from the bottom of the sea.
I believe your table is copy of that style, perhaps 1930 or so. It's in rough shape but can be salvaged. I would try to repair the top veneer as opposed to replacing it, trying to retain as much originality as possible. As is $125. Not a lot of monetary value but the sentimental and if repaired the monetary value will increase over the years.
____________
best.............Ti m