Hello Apolaki,
You pretty much guessed it: A recent production of limited quality.
The hilt is of lesser quality - there are far worse examples though, especially those pseudo-Bali nightmares produced on Java...
The decor on the uwer is certainly glass; the large ones on the base of the hilt will be locally produced paste (basically glass) commonly utilized on genuine Bali hilts. The dark red cabochons on the hilt will in all likelihood be glass, too.
Blade is poor as is the recent scabbard.
Regards,
Kai
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