These people deserve to be remembered-

[screened porch]

The second image shows the characteristics of good grain alignment. The grain should run out on the side of an axe handle not the top or bottom. In the first image the grain is running out a little more toward the underside of the handle. I guess it to be about 20° off vertical from the image - still very good. Also, the difference from one side to the other tells you that this haft was made from wood close to the center of the tree, probably within 3-4 inches of the center.

I'd like to see one of their fine handles.
Though Daizee makes a good point that hadn't occurred to me. We don't know how good "fair" is until we know the other choices. Maybe these guys had fantastic, fine, fair, foul, and filthy grades; maybe just fair and foul.