I bought this Frederick Reynolds a few weeks ago, and decided it'd be a perfect candidate for my first attempt at making scales. I chose to go with Camel bone. I reused the original wedge, and was able to salvage the badge. My peening work isn't the prettiest, but it is functional.
I used a Coping saw to cut out the basic shape of the scales, and finished on my 1x30 belt sander.