Mark, my experience, the tiny casting holes on the side and the sealing rim of your cover are visually apparent, resulting from the casting process.
These casting holes are visually different from the peppering 'dents' caused by road blast on the front of your cover. If not peppered to severely, perhaps you can see some of the tiny casting holes.... ?
My 232 cover had not as severe road blast peppering on the front; i chucked the cover in the lathe and gently cleaned the cover with fine steel wool. Lessened the peppering without unacceptably altering original appearance.
I left my cover au naturel; no paint, no coating.
Seems not long ago, there was discussion specific to clear coating on these covers as well as paint....
My belief is the clear coat has degraded to look like paint.... ? (Perhaps a trial of a tiny bit of paint remover on a small area of the coated?/painted? area to see if the coat/paint lifts off?) I would hazard a guess if paint should easily lift off ? If a clear coating, less resistant to paint remover... ?
I would suggest the original finish on your cover is clear coat.
As to Wayne's reference to Chris R's post on another thread, Chris certainly raises other keen observations.