G'day Jim,
It is possible. There is evidence that these sabres were used in battle, rather than just kept for dress use. To achieve the level of distress that your sabre has it is likely that it has been exposed to the elements for a length of time. Several 10th Hussar officers were killed in combat, so it is possible that some of these were lost on the battlefield. The blade of your sabre does look like it could have been part of the original batch ordered by the Prince. Major Frederick Howard who was killed at Waterlooo would have had one of the original sabres. Who knows...?
Cheers,
Bryce
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