Not always lesser quality steel maybe not as good quality control in thier manufacturing processes but the steel is only a fraction of the equation in making a good blade. I choose and buy old blades quite often but buying a used blade that is still good is also a crap shoot, you dont know how well the old steel has been taken care of it could d have for example been ruined by heat already, left rusty for way to long so that you cant get a clean edge or whatever. When choosing or bidding on used blades i always take extra time looking at the pics for any wear or misuse, in the case of knives, such as this one, with no collector value I am even more particular. This is a good first blade to experiment on it certainly has seen some use but should still be servicable.