That's a completely correct .32 Regulation Police from about 1925, maybe 1926. I can't see if the serial number is written on the inside of the right stock panel, but if it isn't there the stocks might be replacements. Even so, they are correct in configuration for the era of the gun.
There's nothing phony or modified about that one. The sticker price is about a third too high, but that just means there is room for negotiation. ("A third too high" means discount the asking price by 25% to get what I think a fair price would be; if you can get it for even less than that, do so.)
A good .32 RP is a fine gun to add to one's collection.
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David Wilson
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