Right, it is not a restoration, and it is ridiculous to look at an axe head as "junk" just because it does not have a handle.
Researching and preserving history is a lot more important than making old tools into shiny ornaments. When I look for old tools at second-hand venues or flea-markets the real treasures are those that are as original as possible, showing some of how they were manufactured or some of their history. Once some stooge takes them and makes them into toys they have lost all their value except to the shallow and ignorant.