The knife you describe sounds like a reject or set up piece, not a fake. Anyone who would spend 3-6 thou for blanking dies, have all the equipment required to do material reduction grinds, buy a hardened steel tangstamp, pay for those expensive injection molds for the handles plus the materials and dye, would do a better job of their fakery, and expect to sell it for double or more what it cost to produce it, and sell beaucoup of them, not a few dozen, or even a few hundred. Perhaps the mythical "pallet of origin" was just that, a pallet of warehoused rejects, or end of days assemblages using up blades and handles from the WIP stocks to bolster the finished stock inventory.
While it does not sound like an example of Schrade's finest from your description, this still does not make the knife worthless, IMHO. It is still a part of Schrade history. Send me an email if you are inclined to unload it and didn't give an arm or leg for it. The reason I don't have one of these yet myself is that I refuse to overpay for one based on what the sellers think they can squeeze, not my own appraisal of value. By the way, all of this is just the opinion of an old...
Codger