Ed - I am a bit of a knife nut. Or as they say "knife knut".

DO NOT DO NOT DO NOT grind, sand, polish, or do anything else to that
blade unless you are unconcerned with ruining its value. Steve is
right; Randalls are very expensive, and much sought after as
collectibles. I think at this time to order a Randall is around $500
down, and the balance after a 3 - 5 year wait. However, some have
them in stock:

http://www.knifecenter.com/kc_new/st...?s=CUSTRAND460

Not all are that expensive, but not all are that cheap, either.

OK, on the soapbox he

Knives are made to be used. They will acquire patina, stains,
scratches, and other character traits from use just like any other
tool. My most prized knife, even over the first knife I received from
my father, is my grandfather's Barlow. It has been road hard and put
away wet more times than can be counted. It looks like it could tell
stories around a campfire for a week....

My opinion is that if you want that knife to remain pristine, make it
a safe queen and get yourself a serviceable user/beater. There are a
ton of good knives that can be had at the slightly less than $100
price point for a simple hunter.

That being said, if I had a Randall, it would indeed be a "safe
queen".

Off the box.

On the other hand, if you are determined to keep the knife scratch/
stain/blemish free, I would send it to Randall or a qualified maker
for (as they say) "spa service". They will polish it up, resharpen
it, and if necessary correct your grinds for a price. Randall would
be my choice for that service as many other makers won't touch out of
respect for the maker, and fear of ruining value.

Of course, if you are confident and know what you are doing, you could
by yourself a metal polishing kit, a stiff cotton wheel, and get after
it.

Which model do you have? Stainless or O1? Date of manufacture?
Original sheath?

If you inherited this knife and it was made by Bo Randall himself, it
could be a $5000 knife. Literally. Tread lightly....

Robert