I don't have many tools, so it might be hard to do, alot of the things required. From what I have read, I need to file the "eye" of the blade, so it has a better fit on the haft/handle, and soak it in something to get the paint of the blade, and then sand the haft down, and apply some kind of finish to it. I love the burnt look that alot of people have done, but I wouldn't be able to achieve that effect. I would like to put a etching on the blade, or burn a etching onto the haft, I would just put some itintials onto the hawk somewhere. Which would be easier to do? I wanted to spend around 50 bucks, what kind of tools (files, mallet, sandpaper, stain, vinegar) would I need to pick up, and do you think it can be done, for that price?
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Most of the info youre asking about you can find by picking through the entire modding CS TH thread' but I'll speak to a few points.
I'm like you without a lot of tools or a proper shop, or any background skills of any sort but so what?
Do it anyhow, you'll end up making a cool hawk that will blow him away.
Here's a short list of items to get that I prepared based upon the limits you indicated:
1) small can of paint stripper
2) a round file, about 1/4 inch diameter
3) 200 and 400 grit sandpaper
4) a soldering iron
5) Cheap little can of combination wood stain and sealer, shellac/varnish
6) a lighter
Here's what you do:
Head
1) strip the paint off the head with the stripper.
2) use round file to smooth out eye to fit haft better
3) could also use round file to make some cool designs on the edges of the axe.
4) soak it vinegar or mustard for patina, google 'knife antique patina mustard' or similar for guidelines. Easy.
5) Use the sandpaper to sharpen it. Maybe pick up some needle files to help with that.
Haft
1) Sand smooth with 200 grit and to make better fit with head. Sand with 400 to make it smooth.
2) Mark on the initials with the soldering iron or piece of wire heated on stove.
3) use light or a fire in your yard to burn the haft
4) paint the haft with the stain/sealant.
Might not even have to buy some of the above, drop it at yard sales and get some cheap files, wood stain, wood rasps, whatever. Steel etching is harder and you can find tutorials on that in this thread.
Finally, be sure to post your pics when done.