Joe, The serrations are there but obscured by my fuzzy photography, and they look correct. The angle of the gun makes the front sight nose radius look sharper than it really is but after comparing the actual gun to your broadside photo of the Ashland gun, it still appears to have a somewhat shorter radius. Not much, but different.
A good squint with a magnifying glass, and comparing the red insert to other's known to be real, makes me think you're right. The proportion is wrong and although the fit is pretty darn good, it lacks the perfection of a factory installed insert. Probably added by the same varmint who replaced the barrel.
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