Speaking of Panabas or is it something else

[David]

Originally Posted by Rich

First, I know NOTHING about Asian weapons other than Nihonto.
Given the writing on the scabbard, I would suggest a possible tourist item????

I don't know about that Rich. Firstly it is obviously a laminated blade, something they usually don't bother with for tourist items. Also, looks like silver fittings on the hilt, though difficult to be sure just from a photo.
I will also point out that given the way "Margosatubig" is oddly positioned to follow along the damaged crack in the sheath i strongly suspect the writing was added at later date, after the damage was done to the sheath.
Also the stars & stripes shield might be a clue. My suspicion would be this was a WWII bring back from an American G.I. who had this inscription carved in the sheath before he brought it home.