No.. he was grasping for the sword like in the 1st pick but he had his head down with his chin to his chest almost and was looking out of the top of his eyes with the evil grin on his face. Maybe it was a custom job... but the price was only $14 so I hesitite to think that...
When I was at GenCon a couple of days ago I say a dealer with a figure of Gatts as the Black Swordsman. Gatts was reaching back grasping his sword and had the "your so dead" look on his face. (head tilted down with eyes looking up and big toothy evil grin). Anyways I couldnt buy it at the time...