Just as I thought.
I was going to say it was a Canadian made.
The Canadian’s had no quality control.
Bill told me that he would send lighthouses back to Castle Studious many times because of paint defects. Sometimes the same light. What you have is just a bad paint job probably cause by the painter going back over it trying to touch it up.

No difference in Lighthouse value. It is worth no more or less because of this. Possible if you ever sell this the buyer my question you if you had the light touched up. You can assure him it wasn't you, that it came from the factory that way and it is just one of the common problems with the early lighthouses.