Dirk,
That looks like a braze to me. I didn’t think they’d braze it but maybe.
Kevin,
You are right on the brazing. I was looking around and haven’t seen an original factory spot weld picture of that area yet. May be someone has one?
In my case:
The brazing is on both fenders the same.
It had, what I would consider factory spot welds along the fenders in the motor compartment and all other areas.
All the fender transition points or areas were perfectly leaded.
The fenders itself were old and rusted, multiple patch panels and rust-holes that would indicate that they never came off and were only “repaired”.
Nothing indicates that the car had an accident that required both fenders being replaced.
The panels to which the fenders were brazed did not show any signs of previous spot welding (Drilling and grinding...).
I don’t know, prove me wrong.
Dirk