About a razor I posted the other day, I tryed to understand the logos or marks presents in it, my conclusion, of course only a theory is the next in images

Name:  escudo 2.jpg
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Size:  16.6 KBName:  PB210663.jpg
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Size:  46.8 KBName:  escudo 2.jpg
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Size:  16.6 KB

Birmingan, a bit early but this seals were used to mark silver works, I´m sure in the fine blacksmith works this kind of anagrams survived more time, only an idea