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Question.  I am considering purchasing a 560 Ti model made in 1993. It has been carried, lightly used, and resharpened. The cutting edge has some nicks in it. There are a few tiny spots of rust on the blade. Nice tight lock-up and strong spring.  Is it worth the $75 price tag?

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A picture will be helpful.
You said some nicks on edge.
Need to know if it's been abused.
A lot of work to do to remove the rust and nicks.
You have to calculate the overall cost to bring you a vintage knife back to excellent condition.
$75 is a big money for a vintage over used knife.
I guess you were attracted by the finger groove and cut outs handle.

Take your time to think about it.

file:///Users/groovedaddy/Desktop/KLC10121.jpgfile:///Users/groovedaddy/Desktop/KLC10121_1.jpg

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Here's a photo.  What do you think?  

Because there is no close up photo, I have enlarged the photos to see the detail, but I am not sure if I really see what it actually is.
The nicks are not very serious, but any way it has been improperly used.
I can't see if the edge on tip is damaged.
It looks like the edge on tip or near tip is damaged.
The knife looks like has not been sharpened.
The blade will be shorter after sharpening and removing nicks.
The handle were worn out somewhere.
I don't see a lot of rust.
You need to see if there is rust in the handle.

Besides you have to check if the blade is tight with no wobble.
It may have some blade play if it had been used to pry something to get those nicks shown on photos.

It takes an expert twenty minutes to remove the nicks and sharpen the edge, but may cause some one an hour or two to fix it.
In other words that you need to spend some labor cost about $10-20 to bring it to very good condition and this will cost you a total of $75+10 at least. If there are some rust inside the handle, you need to spend additional labor cost to clean it.

The overall cost may be around $100.
You can add $20 or more to get a brand new knife.

Usually I buy a vintage knife with at least excellent condition.
If you insist to buy it, I think $45 is the maximum I can afford.

If you prefer the finger groove handle, there are many similar knives, e.g. the BUCK 110FG which may cost you $60 only.

The most important thing is to have the knife in hand and see how you feel about it.

Thank you for the detailed analysis, Eric.  I will receive this specimen next week, and have the option to return it following inspection.  I am drawn to this particular model because I missed picking one up in unused condition for $50 on craigslist last year. 

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