if you're just starting out and not sure if you are going to like it I suggest you buy from the classifieds here a shave ready razor, you could probably get a good one for <50 bucks. it will cost you 50-75 to get new scales put on that one plus another 15 bucks to have it honed to be shave ready (not including shipping of course).

post some pics of what you have, or at least any identification on it, and guys can better help you with what the value is for getting new handles etc.

Just my 2c. that's the way I went. I still have the two razors that "inspired" me to start this craziness and haven't gotten around to restoring either of them.

Red