Here are some hints for eager collectors, some things of which to be aware.
Here is how this piece was presented on the dealer's site.
Here is the actual piece, and what I learned.
Most of this damage, almost invisible to the naked eye, was reported on the COA. I used harsh light and some difficult camera angles to show everything.
Point is, this is what you want to see on something so old, and well worn. The fact is that if you had one of these exceptional things, you wore it... some of these gents probably never took them off. This one was worn from 1917 t0 1935 and had been kept well by the recipient, dinged up here and there, repaired as needed.
Watch for this sort of thing.
Be wary of minty examples.