I've never seen this- Euro/ROW 911, but Porsche COA says Cali emissions

Looks to be a euro/rest of world ("ROW") AKA Grey Market car, but the COA from Porsche notes "California Emissions".

Very strange- euro headlights, side lights in front fenders, shorter euro rear bumperetts, amber turn signals- to me a euro car (I'm always suspect of mileage if the speedometer was changed- not saying that's the case here, but I see many euro cars with the wrong year speedometer- a sign that true miles are unknown without paperwork). My old ROW '78 had the original speedometer was in Kilometers- often euro/ROW cars originally had km vs mph. Maybe this car has emissions that were added for import, but I'm surprised the COA shows that implying it was a US car, intended to be sold in the state of CA? Or a ROW car that was changed at the factory to be US- I've just never seen it.

To me, it's a grey market car so the price is way off (probably way off even off for a US car), but I digress... I'm not affiliated with the seller (in fact he has good ebay ratings!)- just wondering about the car.

1986 Porsche 911 Carrera Coupe | eBay

 

Maybe someone would change to the amber turning lights, and MAYBE the H4 headlights, but I've never seen anyone in the US add the small lights in the fenders, and I've never seen anyone switch over the rear bumperettes from US to the narrower euro ones (to allow the wide euro license to fit).

The only thing I could maybe think of is if someone bought the car in the US and then either sold it overseas or moved overseas and took the car with them and it was converted to euro spec, and then someone brought the car back to the US and it's being sold now?

I sold my US 1993 911 to someone in Germany (he bought it sight unseen) and he sent me pictures of what they had to do to make it OK to drive in Germany- changed bumpers and other things like the headlights if I recall correctly...

 

I just noticed another thing. My 1987 had a cover/undertray under cat if I remember correctly- I don't think it was exposed like this one is...- looks aftermarket vs factory.

 

All of this detracts from the value of this car. I'd find it more probable that the car was converted to be registered overseas for a period of time and somehow found its way back to the US. I've seen people change things like headlights and rear lenses for a Euro look, but never go through the trouble of changing to the small bumperettes on in place of the US ones. Anything is possible, but it's not probable to me.

The car may be a fine example- just to me it has that grey market feel- which means you pay a discount to market when buying, and get a discount to market when selling in the US.