The grip insignia placement on the two SS Honor degens in my collection is consistent with those pictured above. As an additional check I measured the overall grip length fron the top of the first ring to the last turn in the grip wire and it's a consistent 70MM + or - 1MM. It may be the camera angle but this one looks to be a trifle high.
What is the overall length of the grip on this new find since this could affect insignia placement?
While I still think the sword is alright it's because for one thing we have to look at intent. You could go broke trying to con people into buying $100 SS swords!! Smile
Jim