No sheath and I'm asking $1500. This from an email he sent me after I spoke with him on the phone:

"Miles,

Thanks for sending the pictures. That is the only interchangeable I've made in that style. That is the knife I told you about. It was made in either late 94 or early 95. I won the Beretta award at the 95 Knife Makers Guild Show because of it. I asked Gary Fadden, the Beretta rep that gives the award what I did to deserve that award, and he said it was that interchangeable. I couldn't make another one for less than $2000 because it is a very labor intensive knife to make. That one looks to be in excellent condition. Hope I was of some help. Take care, Bill."