BANGBANGSAN

Yes,Can't be sure what's the last two Kanji .I think 試切or試刀 kind of make sense.But also could be other character，like 武力。。。

Sometimes they use haystack or dead pig for test cutting,but if it really cut over 100 human bodies(Dead or alive) ,then this sword must be Ominous。

於昭和十年一月（At Showa 10th Year 1 Month-1935 January） 第三師團留守部(Third Division Stay-behind force) 百有餘囬(Over Hundred times) Not sure what's the last two Character,it looks like 試切(Test Cut).or 試刀（Test Sword）

That sucks!

Agree with Brandon,Chinese collectors are the reason NCO's and Mantetsu sword price went up.But now,China's economy start to slow down,and people don't have that much money to spend on their hobby,plus Chinese buyers bought enough Japanese sword from US and Japan pass decade ,the market is saturated. Can't blame Trump on the sword price. Well,it's good for us collectors now!I think only the mint NCO deserve $1000-1200 instead of $1500-1800.For the copper handle,I think $2000-2500 is fair.Unless it's mint or very low number,then $3000-4000 is acceptable.

The Seppa/spacer looks replacement/

軍Gun（Army）刀To（sword）. 拵Koshirae（Mount/Fitting）,do not meaning army fitting only.

MInt!

Neil That's the best condition NCO !

Sometimes Ebay has NCO in that condition

FAKE

Very nice one!

Bruce This is not mine,but is was the only one I ever saw had this marke on Gunto "工"-short verse for "工字鋼" ,means shape of the railway track.Kind of like the C.G.R logo but has a cloud shape thing in the middle.No photo for the tang. Trystan

Neil I think I saw one sword has bamboo wrap scabbard like yours awhile ago,very special!

This one is in the data base already.

All these sword wrote 佩刀(Carried by)not very convinced.

Bruce I found some photos for another Mantetsu had similar signature in style and position，it also papered.It says belongs to General 石原莞爾 Kanji Ishiwara.Seems quite a few these sword with newly registered paper pop up in Japan this year. I think there are goup of Japanese doing this on Mumei blade ,just try to fool collectors.

Neil Can you post some more photos-the whole sword,blade ,tang etc... Thanks

Agree with Bruce, that tank driver holding a Type 95 NCO sword.

Looks fake

Neil You seems have everything!Make me Jealous！

It is for Type 3/Type 44

thanks

John Do you have photo of the tang?

Smith is 俊治(Toshiharu)