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Ahhhhhh, it is Bulgarian. It all says the following:

Many old French razor of P.lespagnol, Paris, Mintz
Fire, c. Shumen, Shoumen
Not polzvan.Ima little spot, but it can be cleaned.
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Looks like a quality razor to me. I have never seen a French razor turn out to be a piece of junk. I'm trying to figure out the language used, either Greek or Russian.