Can you share a profile picture of the entire hilt? Any markings on the casting itself? I don't see anything but a smudged blur on the spine of the blade, so I guess it could read as anything. One note I am quoting from somewhere else writes
John Thillmann’s “Civil War Cavalry and Artillery Sabers” discusses this rare variation on page 370. This is identical to that example, with the tall pommel cap, blade marking of a diamond with “O” cartouche over 39 over S&K on the blade back, and matching diamond/O over 39 on the face of the guard. Scabbard drag marked crown/D and S&K. The 1839 trials were to select new swords for the cavalry, artillery and dragoons.
So, that does indicate there may be markings on the spine from time to time. I have also seen blade spines marked with the somewhat ubuiquitous term of PROVED. all by itself. Why anyone would obliterate any mark aside from deception is something to consider. Offering an What If? presentation that some find fond of further speculation. I just see a smudge.
Cheers
GC