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I agree, I think it's a goner. But I like that little cutback nick between the tang and the heel. Very nice looking. Shame. I have a huge W&B blade but I don't want to do anything with it because...

Alternately, put it up on the bay for $$$

Starting bid of $99 ought to do it, after all that thing is RARE RARE RARE and VINTAGE and in GREAT VINTAGE CONDITION with ONLY A LITTLE RUST.

Oh, and...

Haha, I think I would just start with a chisel...