This is a 1st Gen C record rear derailleur that once was really ugly with lots of scratches and a chewed up cage. I carefully sanded out the scratches and polished it up. It is a very shiny silver, the lighting makes it look a bit darker, sorry. The top of the cage was chewed up from a mis-guided chain, so I trimmed off the bad and reshaped the top of the cage to look as close to new as possible, then polished it up as well. Derailleur works perfectly despite the little nub that broke off on the rear limiter. It does not affect anything, and is not visible once the derailleur is mounted. Please look at all the photos. Thank you.