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Yes, do not buy that gun at that price. Not that the gun would not make a good shooter to someone, just not at that price.
For that much money you can have a legit Trojan or VH 20g that has not been molested.
If you are prepared to spend that, you can find yourself a respectable gun without looking very far.
Good thing is... Now you know what a torched frame looks like. Stay away from that. Unless very cheap.