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Ah. Crap. Well, at least I know to never get lured in by a fantasy knife again until the next time I do. So if there's no real way to actually get this thing tightened down, would it be better to try to tear it down and salvage the blade, or just keep it as a ceremonial chicken execution tool?
But here's the thing, if you know it's total junk, and if anyone who sees it and knows anything about knives knows it's total junk, why would you possibly want to display it?