One thing I have come across is occasionally, I will grind, H.T., and polish a whole blade, then start into building the guard, since I like a very close solder joint... since the blade is already polished, I drill the pin holes through the guard stock, then cut out and bring the guard slot up to the right width by filing to fit. Since I want the pin holes to match exactly, I wait to drill them into the blade until after I have the guard friction fitted up to where I want it. I then use the guard in postion by drilling through the existing holes in the guard to mark the blade, then taking the guard off and finishing the holes. Since most of my blades get fully quenched, then soft-back drawn with a torch (including the ricasso and tang), and since I use cobalt bits, I can get away with drilling through the blade there if I am careful, peck with the bit, and keep it cool. Of course, this mostly just works with simple carbon steels. As for the handle rivets, I almost always drill them first, whether or not I have forged or purely removed stock.