Yup. I have a similar Mexican silver coin. This was not to fool anyone but was easier than having to make a new (at the time) guard out of casting silver (and less work). I have seen this before and on a sipput barong I sold to someone at Timonium recently. I agree with Bill in that I would not worry about the scabbard. Nice puppy. Thought about it myself when Rsword brought it to the show here in Louisville (but ran out of money
).