Listen to what may be heard through the grapevine about the holes: 
 
- Preventing the tip from being reshaped into a mundane weapon of war ? 
- Such holes would not likely prevent you from reshaping the blade into a piercing tip.  
 
- That they were for adding weights to the tip for a heavier swing ? 
- Certainly such adjustments would be unnecessary and clunky.  
 
- Making the blade whistle for dramatic effect ? 
- Is it not an implausible fantasy ? 
 
 
- That they symbolically represent the Holly Trinity or are purely decorative ? 
- Up to the extreme extent in that sunlight may be seen through the holes by the audience, implying the executioner is acting on behalf of God... 
 
And the one i fancy more: 
 
- There aren't zillions of these swords out there; and the ones with the three holes seem to be all German ... all from te same date range. 
- Could one infer that they were all made by the same blade smith and the three holes were his maker's mark ?
		 
		
		
		
		
		
		
		
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