Or it could be just refinished. When the factory does these, they do it correctly since brands like AP, VC, and PP still have the originals dies.
This dial is not a refinished dial, but a new dial for service replacement. It's quite obvious if you see the back of the dial before it is mounted. Many people refer to a service dial as refinished which is not always the case. As for AP, VC, and PP, most of these dials were made by Stern Freres, the dial manufacturer and family that now own PP.
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