Hi Guys...Yes, it does give off that look doesn't it. I don't think it is though - feels different in hand and I compared it with my HJ Potmetal example. I got this buckle from John Angolia... he mentioned these were mostly issued to the LW and the Heer and some other collectors have mentioned that they have seen more of these. Just doesn't feel like the potmetal...I think I could probably bend this buckle with a bit of elbow grease...doesn't look as solid as the kriegsmetal type. Cheers! Rob