I went to a gun show today and all I got was a knife. It is a model 8-4" with a Johnson roughback sheath, it has a black 1/2 inch compass and thick red and blue spacers with thin white spacers. I think it belongs here as I think it is 70's vintage, but please correct me if I am wrong. It has some pitting, but isn't too bad, no stone with the knife though.
Is it ok to polish the hilt and sharpen it?

Thanks
Peter