Already the right angled upper clip fitting (the one where the chain is attached) is an absolute no no for such hangers. I also do not like the crude cast lionheads. Mostly a total faked hanger or at least a parts (+ faked parts) assemblance.
I think too about it's mix original and fake part.
My naval hangers are similar to these hangers! They appear to be 'Frankenstein's Hangers'! Mine have the square bits & all but 1 have period gilded aluminium clips crudely pushed into the holes. 1 has an identical brass clip pushed in! I have always considered them to be made up of period parts & fabricated parts!. The buckles on mine are very nice, but worn. Overall, they appear to be put together from many mismatching bits & bobs.
Chiptree, the faking of navy hangers have a long and tortous way behind. The first ones I could observe did lack only the proper fitting with the small chain (they got the square spare part). Afterwards the original buckles came to an end and were replaced by cast fakes. Somewhere on the way also the brocade and the velvet was new. So a mass of postwar possible combinations are existing. It is not very easy to find a perfect machting pair (always look at the minute details of the lionshead buckles) of period hangers. Due to the low prices of the put together hangers the original hangers also have remarkable low prices and are very underrated imho. Even more a period, matching pair of administration navy hangers.
Another clue is the buckle tongue holes were always painted steel. Even lightly worn originals show some corrosion on these parts. In fact you want to see this. Another tell is the type and size of the stitching used on many fakes is too large.