every knife here was made from old "free" steel; all leaf spring steel except the small kitchen knife which was made from "free" L-6 steel.
http://www.flex.net/~mitchwilkins/homepage/page2.htm
And this, I made from spring steel as well... it passed. This was my cut'n bend blade for my JS test. Cheapass palate wood handle (oak? ash?), accented by "free" fire blued wagon wheel tyre iron guard. How much better can it get?? My big expense here was propane and a few 2x72 belts.
http://www.flex.net/~mitchwilkins/knife/testblade01.jpg
I've not bought steel is so long I wouldn't have a clue what to pay for it. A great deal of steel selection and use is an experience sorta thing. Ray, Nick myself and dozens of other guys on here have just learned to test stuff and see what's up.
tnmike... I'm curious about your "won't quench" story. Please don't think this a criticisim, but I've never heard of a spring steel either 51 or 10 series not quenching in oil and it brought to mind this story.
I was out cleaning up in my forge several years ago and noticed I was low in my oil quench tank, I had changed the oil in my little ford tractor recently so I made up the volume with some of that old oil sitting near by. In hindsight the viscosity didn't look so different to me. Several weeks went by before I used the quenchant again and lo and behold, nothing wouldn't harden!! Hell, I'd forgotten about adding the damned tractor oil and my first (misguided) thought was: " this is bad steel!!" (of course dumbass didn't remember the blades he'd made with the same batch of steel that had hardened beautifully in the past...) I'll cut to the chase; I realized finally what I'd done, went and got some honest to God Texaco quenchant and since then, have never had that happen again. All this witch's brew of quenching oils I think, is a big problem for people starting out to forge. I say: use free steel, buy the damned quenchant. That said I've recently had success with brine on spring steels but most of that success is due to experience, which I must say, is priceless.
m