In my experience the cheap little things they sell at hardware stores don't completely demagnetize, and in your case may not make much difference at all. An electric demagnetizer is the right tool for the job and are not availible at most hardware stores. The price point might make them less than appealing for your purpose also.
You can make one if you are handy, by removing the armature from a AC electric motor and wiring it up so that you can power up the wire coils in the housing. Put the blade inside the housing, power up the coils, and pull the blade back out. This can be a little unnerving, the blade tends to vibrate and you might wonder if you've been electrocuted. I haven't noticed any permanent effects though
You can probably find a jeweler's shop or a watch repair shop that will demag them for you for a fee.
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