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Goodness ... just a bit of caution.. those folks out east
do not have the quality of recycling that we in Calif have...
I would be happy to pay postage and recycle it here. :D

Clean the rust off with 2000 grit 3M wet/dry then hone it up for
shaving..... if the rust is not hiding serious pitting you should have
a good shaver.

The chip on the toe can be addressed...