The Piccinino family, especially Antonio and his son Federico, were such famous bladesmiths that their signature was often forged to enhance the value of the sword, I would guess. I have seen the signature in smaller letters but that does not mean anything untoward. I have seen that 'anchor' mark before but can't remember who or where it refers to. The hilt looks like a quality Neapolitan or Spanish one, but again there is no reason why such a hilt should not be fitted to a Milanese blade. Whether the blade is genuine Piccinino or not you have a fine rapier.
Neil
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