Yup, That's Tom Selleck Playing Indiana Jones
Raiders of the Lost Ark came out 30 years ago this weekend, and to celebrate SlashFilm.com has posted a video of Tom Selleck's screen test for the role.
Safe to say, I think, that George Lucas and Steven Spielberg made the right choice in opting for a mustache-free Indiana Jones, to say nothing of Harrison Ford's acerbic wit.