extra paint on swaybar bush area from factory

[crash340]

I have been cleaning up my 73 Cuda rear sway bar ready to repaint it, it looks to be a factory underbody sealer car so it had a thick coating of sealer on teh outside edge, while cleaning it up I noticed around the chassis bushing area on the bar it looks like it has a coating of thick silver/white paint applied before the bushing was fitted to the bar, has anyone seen this before and what is it.

[hemiken]

It could be excess White Grease that has gone brittle with age and dried out once they coated it.

[crash340]

Could be!

its damn near like enamel paint to get off.

[hemiken]

I have known some greses to turn with a lot of weather and age, so good possibilty that is what it was or is buddy.