I received this straight razor in the mail today from a friend and I have no clue what I have. I'm new to safety razors in general and know nothing about straights. So what would it take to restore this, cost and such. Or is it even worth trying to fix? Thanks to everyone in advance
Nice gift! That's a razor that is much in demand. But its in pretty tough shape. It will take quite a bit of work just to get the chip out and that will take off 1/8 inch or so. But YES, it should be restored. Look around for some hobbyist / restorers here. We don't talk prices on this forum, but that's a straight that should definitely be restored by you or someone else.
I would send it to someone with knife grinder to reprofile the edge. I took a 1/8" chip out of a Greaves and Sons in about 2 minutes with mine. Then a little time on a diamond plate and it was good as new.