Hello,
I actually had the pleasure of winning this same knife on Ebay for an unbelievable low price. At first I was very skeptical about this knife, thinking it was just another cheapo copy of the Buckmaster 184, such as the Ramster one and other cheapo Chinese based knives. I was shocked that, when I got it, it had the very high quality that it did. IN doing reaearch on it, I found that the Explorer Master was made in Seki City, Japan, where many very high quality knives and copies of original knives are made and come from. I also learned that this particular knife, unlike the Buckmaster 184 which has a 420HC steel blade (420 steel that has had more carbon added to it) and aluminum handle and endcap, the Explorer Master knife is made with 440C steel blade and guard, and the handle and endcap is made with 300 series stainless steel. Seki, Japan marks all of their 440C steel blade knives with just the 440 number. They leave the "C" out of it. For whatever reason i don't know. All I know is I have knives made with 440 stainless steel. Believe me when I tell you there is a very big difference between those cheap 440A steel bladed knives, and the one on my Explorer Master. My Explorer Master takes and holds an edge like nobody's business.
Anyway, when I got this beautiful knife, the coating was old and worn off in areas despite the blade showing no signs at all of being touched on or sharpened. Anyway, I took the knife and had it totally bead blasted. Then I had it professionally sharpened to perfection; a hair shaving keen smooth edge. I then took my Explorer Master knife and had it re-bead blasted a 2nd time. After that I got home and I wrapped the handle in very beautiful dual color 550 lb. military grade para cord. I also added a strap of the same color para cord for a kanyard!! The result: An extremely awesome, beautiful looking high quality Explorer Master knife, identical to the famed Buckmaster 184. except I truly believe where Buck created the Buckmaster 184, it was Explorer that perfected it. I am now also having a high end leather sheath handmade for it. When that is made and I have it, I believe this knife and new handmade leather sheath will be worth at least 4 times what I paid for it. Wait... I don't believe that... I KNOW it will be! But it will never be for sale. This is a definite keeper knife!
So if you are lucky enough to of bought one of these knives, or own one, my suggestion is to hang onto it. Maybe take it and do like I did and have it restored. I have also learned that not many of these knives were made by Explorer. Even fewer than Buck's Buckmaster 184! But this is my input on it. I love my Explorer Master 21-032!