It certainly looks real. The lettering and so on is very crisp. It's obviously been chromed and the chrome has some of those pesky rust pinholes like it has the measles. The other thing I see on it is a serial number. Not stamped, it looks machined in.
Now what to do with it? My initial thought is to have it re-chromed after prepping it very carefully. Chrome shops will do the prep but, I've had issues with some. Norm's plating?
Any advise or ideas?