Yes, the blade reaching all the way to the end of the scales when closed would suggest the blade is full length, however there a couple of things that tells me otherwise.
I have been collecting and restoring razors for some time, and in that time developed an eye for proportion. It is a known fact that 99% of all blades are 2 ¾ to 3 inch, but the size varies from 4/8, 5/8, 6/8, 7/8 or 8/8. My eyes tell me that razor would be the correct proportion if it were 7/8 or 8/8 size.
If you grab a normal 6/8th razor and hold it some distance between your eyes and the screen to “superimpose” your razor over the one on the screen, you will see your razor will be longer and your scales will be longer too… witch brings me to the scales.
The scales are not typical of vintage style celluloid with the fancy cut ends, I suspect they are wooden scales made recently by one of the many esteemed modern restorers.
The pinning is also not vintage, the pins do not seem to have the vintage locking collars.
Lastly, the notch at the point is very rare to see on full hollow ground blades because the blade near the edge is paper thin, and would not be enough metal in that area to support the edge at the point, that’s why you mostly see notches on near wedge blades.
My guess is it was once a square point (or spike point) but the tip somehow was broken and someone simply reground a "Spanish point", but the blade is now shorter for the original scales, so he simply made new scales out of wood, sized to fit the shorter blade.
I could still be wrong on all points but this is what experience tells me.
Hope this helps