That looks like a previous repair,particularly in picky 2. the rust in picky 1 looks a bit sus too. However checking forks is a good idea ,I'd drain oil first and refill with equal amounts of same grade. But you'll need to have the wheel at least to see the underneath of the guard all may be revealed there ! . Then decide ; to sort or to ride and then sort, only your good shelve can make that decision ,best of luck ,BobH