Wouldn't put it past him to just paint it and sell it. The one I got from him way back when was completely painted on the outside, bolts, PCV cover... cheap paint too. It came off on my hands and turned greenish after use. Maybe he got wise later on.
Floz or not, it'* used and therefore you have no way of knowing how old the bearings are. If it'* got rotor coating and there are no hitches in the giddyups when you spin it by hand, IMO it is a good candidate for new bearings and a good cleaning (including something to strip that silver paint).