It has the right sheath (came with it years ago) and thats what it was stored in. It was oiled with gun oil or something. So when I stash it this time I may oil it then wrap it in food wrap before putting it in the sheath. Or is gladwrap a no no?
I wouldn't store it in the sheath at all, except for overnight, if it's used regularly. The steel will be better off if it can breathe a bit, after it's been cleaned, dried and oiled. Some air circulation around the blade will help to keep moisture from condensing & settling onto it, assuming it's stored in an environment that's controlled (indoors w/AC and/or controlled humidity).
If living in a very dry environment (I do), I've stored some of my knives in Zip-Loc bags, with a clean rag/towel wrapped around them (inside the bag). The danger in using any sort of plastic, like a bag or food wrap, is in possibly trapping humid air inside it. In a very dry environment, it's not so much an issue. I used to live in central Texas, where it can get pretty muggy at times. So long as I cleaned, dried and sealed my knives up in a controlled indoor environment, I didn't worry too much about excessively humid air getting trapped inside the Zip-Loc bags. They held up just fine, under those conditions.
Mainly, I'd just focus on making sure your knife is clean, dry and oiled, and not stored in the sheath. Not a bad idea to check on it periodically, maybe once a week or so, to make sure there won't be any rust forming on it. Keeping the knife someplace where you'll likely see it everyday is the easiest way to keep it in good shape. Shouldn't take long to figure out if it's going to hold up as it's stored, or if you need to change something.
David
