Hi Rod its ashame it had to happen to an early SA. My thoughts would be the same as the grip looks like it had a failed attempt to fill in what damage there was on the grip,, but was not quite completed all the way. This terribly underscores the value of this dagger. There have been some examples with shrinkage and minor gapping around the talons and upper wreath area,,and sometimes chipping in those tight sharp cornered areas.... but not on the scale as this one. The grip is a nice early period type wood.
The craftmanship on these early makers are nothing short of the best quality. IMO I would pass on this one as this dagger is not consistent on what is commonly seen with early SA makers and not collectable in its present condition for the serious SA collector.
Vern on the forum here does some excellent quality woodwork repair and specializes on these type of grips,,if your serious in keeping this maker as his work will show no signs of repair once its completed. Regards Larry


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