The barrels were originally Damascus. I can see the pattern ever so slightly on the water table photo.
The makers mark has been clearly and crudely altered and the Vulcan name punched in. The clear touch ups done to the rib mating at the joint between the rib and the rib extension are concerning. And also, how much the rib extension screw stands out is concerning. It looks to me like they may have been hot blued and some solder seeped out at the screw and joint giving it that halo effect.
I don't see any evidence of sleeving. Just looks like someone put Damascus barrels on a VH frame and then did a horrible job of trying to making it look right.
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B. Dudley
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