I bought this probably 25 years ago when a somewhat beginning collector for a shooter as the seller believed it to be refinished. After showing it to more knowledgeable and experienced friends, they concluded it was original finish. While not so easily seen in the pictures, the waffenampts on the right side are quite crisp with raised edges(I can feel them when I run a finger across them lightly) and the locking block is in the white. It seems obvious to me that the ac 40 was added after the pistol was finished. It is also all matching although the magazine is not, it's just marked P.38 on the left side. What do you folks think? I'll try and get some better pictures as I learn about my new camera.