My brand new BWM with sheath and shipping and all the fees ran me $400. This one looks like it was just used once and not too bad. I don't see any of the coating rubbed off. The BWM was my first large Busse knife. After using it for a while I bought a NMFBM for the thicker logs. All you need to sharpen the BWM is to strop it on 1000 grit sand paper and a leather strop with compound. The BWM will keep a sharp edge. I think this is the perfect camp knife accompanied by a small EDC.