1 premium Japanese Naval Officer's gendai kai-gunto available.  This WW2 gendaito was made by the highly ranked smith, Ikkansai Shigemasa.  Shigemasa was ranked 2 Million Yen in John Slough's book An Oshigata Book of Modern Japanese Swordsmiths 1868-1945.  Two full pages are dedicated to Shigemasa in Slough's book.  

This sword is water-tempered.  The hamon is choji midare.  The blade nagasa (cutting edge) measures 24 13/16".  

There are some dings in the saya lacquer.  The blade has no edge nicks--at all.  The kissaki is its original full length.  There are a few spots of spider rust on the blade--but they aren't any bid deal.  The blade can easily be appreciated as it presently is.  Or, if desired, polish can be arranged for $1000 at buyer's expense.  

(If paying via credit card or PayPal, 4% credit card/PP fee added to purchase price).