this is what Bruce Voyles had to say about the Schrade / Parker Frost knives.
Jim Parker was an antique knife trader/gun dealer who decided when the 1968 Gun Control Act restricted the sales of guns across state lines that knives were a good alternative. He was credit manager of Sherwin-Williams Paint in Chattanooga at the time. He would also buy modern knives, etc. and one of his customers was Jim Frost, who was working at an Army Ammunition Plant selling knives out of his lunchbox.
They formed a company in the early 70's, Parker was President of the National Knife Collectors Association and Frost was Executive director. Parker continued selling old knives on his own, Frostsold the new knives, and together their partnership sold commemorative knives starting in 1974 with a set call the Eagle set, which were made by Imperial/Schrade. Not sure which factory actually manufactured the knives, but they were paid for through Schrade. These were 4" 3 blade stock knives (Not 8OT's, as the are not "Old Timers"). They followed up with a three knife set called the Service Series, honoring the founding of the Army, Navy and Marines--these knives were crimped bolster knives made by Imperial. These sets were part of the rush to get knives out for the 1976 Bicentennial.
At that time W. R. Case & Sons knives were the only knives still being made in the US with bone handles, and there was a huge collector demand for US made bone handled knives. Parker andFrost went to Schrade with the idea, and they produced a series of bone handle knives on existing Schrade patterns. There were a few stags made in the stock pattern as well. They were introduced in 1978 and so dated on the back of the blade, and each knife was given a number as a pattern, Trappers might be a model 3, and would be numbered 1978-3. Stockmen were 1978-5 as I recall, etc. (not sure on the specific numbers as I'd doing this off the top of my head at the moment--should be obvious on the knives themselves though).
Each major pattern was available in green, red, or brown bone. Saw cut delrin black handles were also made.
Parker-Frost merged all of their businesses when this set was made, and each owned equally the vintage, modern, and commemorative business. As I recall Parker told me they had borrowed 3 million dollars to order the knives.
However, the Schrade mark was not supposed to be on the back of the tang--which was not greeted with any enthusiasm when it was discovered. (In fact it was a major crisis and it took quite a bit of talk to keep the lawyers out of it. Eventually they did come to some agreement and the knives were accepted).
Originally there were only to be four major distributors of the knives: Parker-Frost, Craig Matthews Cutlery, House of Knives in Louisville, KY, and Voyles Cutlery (yours truly). However when sales did not reach projections it was opened up to everyone and the market flooded. At one point the bone handled boxed knives could be bought for $8.00 each, despite the $25.00 retail. The same knife with a delrin handled could be had with a Schrade only tang mark at about half that amount.
This was supposed to be an ongoing production line to compete with Case on the collector market--but the Schrade name on the knife allowed the collectors to instantly compare the delrin handled Schrade with the Bone handled Parker-Frost and there was price resistance to the additional cost required for the bone handles and Parker-Frost mark up. In my opinion the Schrade mark on the knives was the kiss of death for the line at the time.
About this time Parker-Frost also started importing knives from Japan, which sold much better than the overpriced Parker-Frost/Schrade-made knives. (And the Japanese knives didn't have the name of the Japanese manufacturer on the back). Once the first few patterns from Japan hit Parker-Frost never looked back and at one point became the largest importer of knives in the US.
Parker and Frost went their own separate ways prior to 1980, with both continuing to import knives from Japan as Parker Cutlery Eagle Brand knives, and Frost who used the Falcon as his mark.
Frost continues today, and has brought knives in from nearly every major knife manufacturing company. He is a major supplier of the knives sold on TV sales channels--and has a huge facility alongside I-75 on the north side of Chattanooga, TN.
Parker went on to buy Cutlery World Stores, W. R. Case, as well as starting a factory in Jacksonville, Alabama which evolved into Bear & Son Cutlery today. Jim Parker passed away a few years ago, his son Buzz continues the family business today, importing Bulldog knives from Germany.
As far as my background as the source of this info is a quote from legendary gun writer Elmer Keith. "Hell, I was there." While still going to college in Atlanta in 1974-75 I made sales calls for Parker-Frost on their Eagle sets and Service series to Beck & Gregg Hardware. I moved to Chattanooga in 1977 to edit the NKCA magazine and learned much of what I know about knives, people, and life in general from Jim Parker. He is one of the few people who have passed on that I miss a little more every day. He left a huge gap in the knife world.
I have a hard time trusting someone who doesn't like dogs...but if my dog doesn't like someone, I'll trust that.
Acorn, a better friend than I deserved, gone but never forgotten...run fast and free 11-5-2018