I don't really know much about metal working and medieval sword making, but one question came to mind:
How would one know just how superior or inferior a sword really was in terms of the quality of metal used? How did they know if it was the quality of the metal, the skill of the crafter, or his highly coveted process - which he guarded with his life?
I would think that one's ability to measure this would be rather coarse. During medieval times, people would have been blind to the level of detail that we are now aware of (ie. chemistry/physics) , and I'm guessing that their crafting/testing methodology would probably have been based on experience, observation and somewhat subjective feedback rather than hard core science.
Just as today people still attribute non-existent qualities to items ( for example, a "lucky" bowling ball ) Perhaps a little religious superstition or magical reasoning might have been a factor too when judging the quality of weapons. xD
Hrmm... should I pay 1gp for the standard slice-o-matic, or 3gp for the poly-blessed-slice-o-matic-of-spooky-norse-gods?
I found an interesting article on recycling and stumbled upon this paragraph in the process. ( yes, its a little off topic, but interesting to read )
http://news.thomasnet.com/IMT/2011/07/26/stories-of-ancient-recycling-minus-the-blue-bin-at-the-curb/Even the Vikings, those macho, marauding bad boys of early medieval Europe, apparently had an eye for recycling. In 2009, excavators working in the city of York in England found what was ultimately identified as an eleventh-century metalworking site. Closer examination of the smelting pits containing partially melted axes, sword parts and arrowheads revealed that the site was actually a kind of medieval recycling center where Vikings took weapons after battle – both their own damaged weapons and the weapons of their fallen enemies – for reprocessing into new weapons.