SR101 will rust fairly and relatively easily.
Generally speaking, knives with about 13% chromium are considered stainless.
SR101 is modified 52100.
52100 has about 1.3% - 1.6% chromium.
SR101 is slightly more rust resistant than 1095, 5160 or O1 steels, but that isn't saying much.
1095, 5160 and O1 have some of the lowest amounts of chromium.
1095 has 0 chromium
5160 has .7% - .9% chromium
O1 has .4% - .6%
INFI has around 8.25% chromium (..... maybe????

- the exact numbers are top secret!

:thumbup: )
D2 is almost stainless at about 11% - 13% chromium.
If you are concerned about SR101 rusting, you need to keep the blade oiled, get some Ren Wax, try to keep the blade dry or don't strip it.
That coating is on Swamp Rat knives for more than one reason.
..... Although, I prefer satin finished knives.
If you get some light rust on SR101, you can clean it off with steel wool, sandpaper or similar when you get home.
If you are going to strip any of the Busse, Swamp or Scrap Yard knives, you will find the steel underneath to be VERY rough and you will have to do a LOT of sanding anyway.
The ground parts of the blade are usually pretty smooth, but the flat sides are very rough.
Good luck.
.