Rob,
usually there is no patination involved in swords. The patina builds up on the NAKAGO by time and use. This blade has a drilled MEKUGI-ANA. The even red rust on the NAKAGO is not deep, and the polish on the blade is not "profound" so I cannot see HADA (at least not with these images). It was stored in a damp place and thus damaged by recent (heavy) rust.
My guess would also be very late EDO JIDAI, but in the end, it is quality that counts, and preservation condition. Age by itself does not hold much value.