This is a genuine BMW piston, part number 11 36 1 432 533. The number stamped on the part is 11361432533; BMW's catalog files it under the short number 1432533. You will find it on our Engine shelf, under Other Engine parts. BMW has since replaced it with 7560298.
It fits every E46 body style (320i, 323i, 325i, 328i and 330i, 1999–2006), with the M52, M54 or M56 engines — and the European-market versions.
BMW draws it on 2 diagrams, among them Cylinder head Vanos (11_2170) and Cylinder head Vanos (11_6209). BMW's catalog calls for two of these at each place it is fitted. It weighs about 19 g (under 0.1 lb).
We have not had one on the shelf yet. Request it and we will tell you when one comes off a car.