Yes, that is the million-dollar chip. Overstamps are usually the work of hooligans. The decimal point on the toggle link is not an appropriate mark. Also notice the fonts used on the fours They should all be of the same style I believe. Not the same point size but the same style. The typical German four has a slanted top BUT the top is not completely closed. I am not an expert on Erfurts.
All in all you still got a great price if it shoots, and you do not have to be afraid to shoot it.
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