My magic gun

So, recently, my parents decided to buy a model of an old gun, to add to a collection we have.
And one afternoon, when I was bored out of my mind, my eyes came to rest on the gun.
I thought it looked familiar, but it wasn't until I rewatched some of Linkara's reviews of Silent Hill from last year that I realised: "It kinda looks like his magic gun!"
I decided to take a pic of it, and post it, so you guys can tell me what you think, and so that I can see if I'm right or not.