7/8 Wostenholm George & Son Doubly Carbonized I-XL razor light resto

Hello All,
I didn't want to post this until I was able to clean it up alittle. I took a gamble on this little gem. From the pics that the seller posted, it had all of the SRP beginner warning signs baked in. Rust, rust and more active rust. But after about and hour of scrubbing with some scotch brite, 3M Fine SN2 emory cloth and several rounds of Mothers I got it to look like this:
Attachment 224644 Attachment 224645
There are still a couple of nicks in the edge and I've been told several times to at set the bevel before doing any resto work to make sure that it'll take an edge...but I don't know how to set a bevel. I do know how to hand sand though...lol

Here's what it looked like before

Thanks for looking

CMP