Ok, thanks all! So I was not sure, it was owned by a families Dad and he passed away and had this and the orange one in the garage. They said they are now selling this stuff of his. The only reason I think it may be real is the SPS 59 at the bottom I have asked for more pictures. Especially the SPS 59 at the bottom I have seen this in different fonts as well. I am looking for a 30 or 48 inch Phillips 66 sign in red and white in the $500 to $700 range and I have seen them for that. I live in AZ, so shipping is an issue. Ya the chips I see but the rust around the holes looks pretty convincing that it is very pitted. I have seen some of them on ebay in this size from another country and those did not have the SPS 59 on them. But the signs looks similar. I think those were reproductions.