Here is what I have worked my way to . First I usually use 5/16th or 3/8" B7 all thread material, I have never actually looked up the alloy of this industrial stud used on high pressure vessels and piping. I do know they are fairly high carbon and very tuff as I have handled tons (really) of them while working on pressure equipment. (I have helped wear out lots of 3/4" to 1 1/2" "raddle" guns with the bigger sizes (they have beat my shoulders to crap.) I have welded on them. bent them, ground them,broke them off, sawed and drilled them out you name it. Take a 3'4" B7 stud that is frozen and cut about 1/3 thru then put on a 1 and a 1/4 pinwrench and cheater and I have too really get on it to pop it and I weigh close to 300. A frozen 1 3/4" stud will just laugh at me and a 2 and 3/4 wrench till I drag out a hydraulic nut buster or a torch.
Anyway first I take the damascus billet and cut it to the length I want for blade and guard, then I cut a 3/8" wide notch centered on the top third of the blade the notch is about 3/4 inch deep. Then I put the all thread in the notch with its thickness centered and a slight gap where the end ran to the blade I hit this end gap with some 3/32 7018 running kind of hot and make a solid 3/8+ dot on that side the billet. Roll it over hit that sides gap with a very small wheel on my end grinder to clean the start slack from the gap. My first tack is hot enough that the weld pushes a bit to side I was now cleaning. Once I hit clean steel and am lined up straight, I hit it again with the welder and make the same dot of 7018. Then I take a torch and hit rest of the all thread in the gap and when it is a nice red I used a small hammer (32oz) to flatten the remaining all thread in the slot. I cleaned it all up smooth and flat with a 41/2" grinder. I then take the rest of the original damascus billet and cut 2 chunks a little over an inch long and running the same way as the blade. (You can semi match up the patterns) I then position them on each side of the welded area all lined up as well as possible and drill 2 holes 1/16th dia thru the pieces and loosely pinned them togeather with some pure nickel tig rod, (If I wanted a thicker guard 2 pieces on each side would do it. I slight peen the pins so they do not separate and are held LOOSELY togeather I then stick the assy in my forge and when it is a nice red I sprinkled the gaps with borax and back in the forge. I have my gas forge on high high and the prometer will show 2300. When the steel is ready I grabbed the all thread with a set of skinny tongs and set the guard assy on my anvil and whop whop it was one piece, then lay it on its spine and a couple taps flaten my guard and thicken my ricasso. Forge my blade out a bit with a couple heats then after gently tapping the all thread flat while a bit red, yes the all thread bends all over when you are working but I have not ruined the threads yet. I take it up to critical then stick it all what I call my super oven mitt. It looks like 2 thick seat cushions hinged togeater, but it is constructed out of a cloth an insulator friend claims will take about 2000 degrees and the padding is a couple inches of kaowool in each. The next day I run a tap over the all thread and I use a small grinder and file to square it up a bit then I thread on a cheap die this I use as a filing jig to fine tune the shoulders and it spin it down completely flat even if the threads right at the guard aren't perfectbecause that side of the die has been extra beveled, only a the last few of the threads on the die are very tite now. Once its nice and square and the die is removed ,I have a drilled and tapped aluminium handle to thread on while I finish the blade. Then I can square any piece of handle material, drill and tap it and thread it on and it will butt up nice and square to my bolsters, a 2 piece grips of a compatable material is easy I square drill and tap both and I get a nice fit. If I want a cap and it is thick enough I drill and dead hole tap. If it is thin like a couple I did once I just taped all the way thru and when the handle was all ground and sanded up fine I removed the handle and cap one last time gave it and the blade assy an etch job or color heat job (blueing is coming) and reasesembled with some glue. The ones with the thin cap I took the knife to the sander and run a small bevel on the end of the all thread and then vised it up and filed a star like pattern on the end of the all thread. I take the cap and used a jewlers file thru the threaded hole to cut a couple thin slots across the threads. I reassemble it all with a bit of good marine epoxy on the handle and use black JB weld on the cap threads and also to smoothly fill the pattern in the end of the all thread and buff when the time is right. The beveling leaves a small circle around the pattern I created. I also believe it would be very tough to unscrew the cap or have it come loose. Everyone thinks the mosaic pin on the cap is cool.
This is the method I have evolved into with my hidden all thread tang knives. I belive it would work just as well with MR. Grays drill rod. If I was to use a completely round rod I think I would put a few "nicks" in it so that when I epoxied the handle material on it would be harder to turn the handle on the rod when everything set up. Just my opinion, He is much much more expienced than I. I just have a good supply of very good all thread, I like this method and I am trying to perfect it for myself. I will make very very good knive someday.
Comments and suggestions PLEASE