In reading this seller's clear description, I saw where someone was questioning whether this was old or one of the Bethany Lowe reproductions. It is, of course, a truly vintage item. The Lowe reproductions are flimsy looking and have none of the gravitas the truly old tin parade lanterns have. The seller stated that she wasn't sure if this had been repainted. It looks all original to me, based only on the photographs. The starting price seems to be one that fully values the item, a strategy that is one I wouldn't have chosen.
Mark B. Ledenbach's vintage Halloween collectibles blog.