Andrew, this '"cathyzhong" had been buying inexpensive European swords and bayonets for some time. Taking into account that anything older than 60 years is antique down there, the demand must be ferocious and the prices must go through the roof.
In Russia, where ownership of weapons was banned and many were destroyed, and where expost of antiques is forbidden ( just like in China) a stinking WWII bayonet costs $200-300.
So, our little Madama Cathyzhong will earn a healthy profit on this monstrosity.
It will be, likely, re-invested in some garage in the armpit of Manchuria, where " unique high command shashka yataghan with rosewood vagina" will be produced every 10 seconds.
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