With the patina missing, I would suggest the "silver" are in fact nickel/copper alloy "German Silver".
Based on the patina and lack of vessicals on the pommel, I too think this is ivory.
On the jeweler's cloth - it is mostly for gems and soft metals like silver, gold, and copper (even brass). It is soft so that it would leave only microscopic scratches on the surface as it takes off the oxidation. For steel, it would be of little use - paper would be more useful for a soft abrasive (depending upon how shiny you want the blade).
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