I recently picked up a Panabas with a Tsuba like guard similar to CharlesS' P-3. I've been eyeing this for quite a while and decided to take the plunge. I etched the blade and am pleasantly surprised with the outcome.
Wrapped around the handle under the pierced brass work is some fabric (Munsala?). It's older than it projects on the photos. It has been covered in lacquer, resulting in shiny brass.
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