Great questions. CPM154CM high molybdenum martensitic stainless steel, hardened, cryogenically treated, tempered to 62HRC, hand-engraved, hollow ground, mirror polished.
On to the 'Why' question. I have been a long time knife aficionado, but it is not hyperbole when I say that I work 100-120 hours a week, every week, and so I have never really posted anything on any of the forums nor even joined a forum until now because I never had anything that I felt was "exceptional" enough to warrant other people's time or attention on a post. However, my son was born just over 6 years ago, which was the impetus for ordering something special. I have always loved Kukris and I wanted something that was truly unique that I could pass on to him later in life. Originally, the piece was set up to be more of a functional tool and not so much an art piece, but about 3 years ago, my son was abducted by his mother to Brazil. It devastated my life. Since the project was originally something for my son, I contacted Jay Fisher, told him what had happened, and asked him to take full artistic license and to create something that was truly "one of a kind", something that would have real power and meaning so that I could have it ever present, in front of me, as a reminder of why I am working so hard. He put his heart and his soul into creating this piece. It is a symbolic weapon for me. It represents my fight, or my struggle if you will, and is a visual reminder of what I am fighting for. Was it expensive? By any standard, Yes. But I have had to spend tens of thousands of dollars every month on attorney's fees just trying to get my son back, so it is a small price to pay for something that hopefully my son will appreciate if and when I have the time to reestablish a relationship with him. Here is the link on youtube- it made the national news back in November:
https://www.youtube.com/watch?v=bELlcjGYdHY&index=2&list=FLj2JzctLCsGma1jZIAa1bDA