i collect a few buckles.

Saw this one and  it   looked good in some ways but ....... only steel Reichsbahn buckles i have seen  seem to have been chrome/ nickel plated.

This one shows no signs of ever having been shiny.

Stamping looks pretty crisp. Corrosion/dirt seems older than last week.

Paper thin leather  tab with poor stitching and  thin leather  .... could that mean late WW2 ?

Any insights on this one would be much appreciated.

What are these?

These circles look like spot welds to hold the loop on.  I don't like that they show through from back to front.  I also don't like the prongs or the leather tab.

 

We have some buckle collectors that have more expertise than I.  Let's see what they say.

 

 

I have to agree with Sarge, it appears to be a fake unfortunately. Apparently this type was produced in the 60's. Here's a known fake to compare it with. 

 

 

 

Thanks for your thoughts gents, it's as i expected. 
i bought it thinking "fake" and it cost me half the price of a cheap repro. 
i was planning to hammer out the swastika so i could use it on a belt as i like the design so much but then had a moment of self-doubt & thought i better double check lol.

Now where's my hammer and anvil ?! 

And i should also say that i am glad that my photos will hopefully help other collectors

Absolutely, these are always learning opportunities for us all  : )