The radius inboard of the headlight opening is definitely sharper on earlier fenders.

Here's a pic for comparison with Brad's.

One could modify the later fenders, but it might be easier to swap them with the earlier ones. '54-55.1 fenders are likely scarcer than the early ones. If you find someone with a 54-55.1 who desperately needs fenders, you might be able to get some decent early fenders in a swap.
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Kevin
1951 Chevy 3100 work truck
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1929 Ford pickup restored from the ground up. | 1929 Ford Special Coupe (First car)
Busting rust since the mid-60's
If you're smart enough to take it apart, you darn well better be smart enough to put it back together.