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Yea, my two were customs from a very well respected maker and yea that's a good description of what you have to do with those edges. I sold mine too.

I found with my problem razors at the lower grits there was no problem. Once I got up to 8K and above is where I'd start to get tiny micro chips. To tell you the truth I sold off those razors years...

No, not defective steel but there are some razors that do have a tendency to chip with normal use way more than others. If you hone your own razors many of these razors take some special techniques...