I was given this Le Grelot 5/8 last night, my initial excitement was dimmed somewhat when I opened the razor and found this

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My question is can she be saved? There is quite a chunk bitten out of the edge toward the heel, and some nasty little flea bites at the toe, the scales are in good condition though. Is the damage too much to bread knife away? Is it worth even trying to restore this old girl?
Expert opinions would be very welcome!

ATB

John