I've been DE shaving for a few months and have been interested in starting SR shaving. Yesterday when I was out shopping for antique brushes to restore I stumbled upon this Loeffler & Sykes razor from Rochester, NY and a hone-strop from Geneva, NY. This was my first purchase, and I think I did ok - the blade isn't frowning, there's no pitting, chips, or cracks and the scales are in good shape as well.
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I've since discovered that the Genco piece is probably a barber's tool to quick clean up a SR before a shave.
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All told, I paid $30 for both the razor and hone-strop. Thoughts? Suggestions for my next purchase? I'm probably going to send out the razor to get professionally honed before I use it - will the leather side of the Genco be enough to strop, or will I need to get a proper strop?

Any input would be greatly appreciated!

EDIT: More high-res photos can be found in my imgur album: Antique Finds - 2/26/2012 - Imgur.