Originally Posted by
Kactus
Part of it may be because it's the inside of the drop-out and I think the areas of missing chrome/discoloration may make it look a little off to me.
There's some weird blue discoloration on it, wiped off with some 3-in-1. Unlikely it's replaced, it still has the factory stamping inside, as shown.
That said, here's a shot from the outside if it helps.