Got in this interesting one a while back and just now am getting to it after dealing with cat troubles, Covid, and other fun things. The blade is unfortunately pretty worn, though it does look old and has been cut down. It's got a tassel on the kabuto-gane and a perforated tsuba. The hanger ring is not removable, so it does not look to be a Type 94, but I usually only see the smooth olive brown paint over a red primer on the Type 94 types.   The end fitting on the scabbard (sayajiri?)