The Olin licensing department refers to any non-licensed Model 21 as a 'replica'. I think one could argue that a Model 21 without trademark could be referred to as a 'replica' or a 'reproduction'. However, a Model 21 with the Winchester trademark which in fact was not produced by Winchester or their license should be referred to as a 'fake' or 'counterfeit' and therefore, just like a counterfeit $US bill have virtually no worth as compared to a legitimate 'replica' or legitimate Winchester Model 21. I think what one should take away from all of this is....you better do your homework when contemplating the purchase of a Model 21 as there are lots and lots of fakes floating around out there.

Socialism is almost the worst.