Ok, so I picked up this razor from ebay and was wondering how bad you think it is. I purchased it mostly for the name, I have a good friend with the last name Morley who works in a family business with his dad so I thought it would be cool to have a razor by Morely & Son to show him.

Vintage Morely & Son German straight razor - eBay (item 180700069436 end time Jul-28-11 12:52:44 PDT)

I only paid $10 plus $3 to ship it so I can't lose much. The razor looks to me like it has a bunch of toe wear but the edge doesn't look destroyed to me. So what do the experts on here think? Is it scrap or can I do something with this thing?