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Former Schrade President Walley Gardner and principal Joe Hufnagel joined with nine master cutlers to form a group of US craftsmen with over 300 years of combined knife making experience. The company they created is located in upstate New York where a long and rich tradition of quality knife making dates back to the 19th century.
Well, it takes only one collector who wants it that badly, and they can keep re-listing it at successively lower starting bids until someone goes for it. It's worth whatever someone's willing to pay for it.