Wow Battera, you nailed it; mine looks like your sword's twin brother; the lettering has traces of gold; I hope it is Lucban, even though it looks like Lurban to me.
Based on the similarity of the swords, I think it may be one of a group of a small batch of presentation swords issued to someone's immediate officers, etc., and I bet there are a few more of them out there.
The scabbard threw me off as well and it could be a redo, however, the leather has crazing and cracks, the stitching is not in a straight line(as if done by hand), and I think the brass has been highly polished and overcleaned.
That being said, I think I won't throw it out just yet.
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