Just wipe it down with an oil cloth. What type of leather was the sheath made from? Chrome tanned leather is notorious for rusting blades. I always take and wash the blade down with isopropanol and then wipe with a light oil. Rem Oil is a nice one but almost any will do. Nothing I hate more than working on a blade and coming back to it a few days later and its spotted and rusty.
-Xander



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