If honed professionally, it should give a presentable shave out of the box. Don't forget to wipe off the oil.

After my first shave with a new razor (professionally honed) I give it 15 passes on the .50 micron pasted paddle strop, then go to the canvass 25 passes/leather strop, 40 - 50 passes and wow, it feels sharper and smoother on the next shave.

Pabster