With nearly 20 years experience with Photoshop/image manipulation, I\'d say it P\'shopped. Although poorly.
Compiled selection of one area pointed out earlier, the right breastplate. The angles of color change as if it were a life size figure and not merely painted to \"mimic\" real life reflection angles. The overall lighting of the images don\'t change dramatically enough to explain this kind of shift.
As mentioned before as well, he\'s clipped the figure off the base and only made adjustments to the figure. This is what causes that \"copy/pasted\" look to the figure. Only adds to the \"what\'s wrong with this image\" feeling you get.
Not the first time there\'s been P\'shop on the persons posts.
Look here- the second image in the collage.
http://www.coolminiornot.com/189503
The Iron/Skull Cross really looks as though it\'s been clipped from somewhere else, the flag is wildly different in tonality, angle and contrast - especially when compared to the image on the front of the flag in the first image.
His comment of \":Better photo - not so \"grinded\" \" is a bit confusing. Grinded?
Who ever it is does have some good work but it seems as though they\'re just very experienced in using Photoshop to correct and adjust and as a result is overdoing things, common enough.