Thank you for the feedback, Bruce. I admire your restoration work, which is truly beautiful. My main concern is ruining the knife because of insufficient tools, knowledge and method, but I'm also determined to give it a go. Being a somewhat novice what is the coarsest grid you'd start out with? In terms of polishing compounds I currently have yellow and white for the edge sharpening, but I guess they might be too fine to get the shine out on the face of the blade.
Thanks, I'll make sure not to hurry the process and give it the attention it needs.
Edit: Also, do you sand down the handle at some point and give it a bit of oil?