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This makes more sense to me, from a production point of view - when you look at stag antlers, there are very few with the thickness necessary to take two slabs of sufficient width, length, and thickness to do actual "second cut" stag (and remember - you would be doing this on *both* sides of the antler). The area where they would be this thick would be right at the base, and you *might* get one pair of actual second cut slabs per antler.I have heard two different stories, at least for the second cut stag that Case used from the 40's through the 60's.
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The other story was that it was never the second layer but that there was some percentage of raw stag received that had no "character" or "bark" texture at all and this smooth stag was saved up and then slabbed, jigged and dyed similar to the way bone handles were processed.