We all love the family heirloom razors here! Everyone wishes they had one, but there not too common. It doesn't look like there's that much work to be done on your's. It's in good shape.
I'd take Glen's advice if i were you, but if you do work on it, nothing drastic & don't remove the scales.
If you get it honed, you can still have a great shave out of it till you're ready to restore it.