hmm, the ones I made had handles, I know, cuz I put handles on em!

Maybe the handles (image) has not been implemented yet? maybe soon(TM)?
last I checked they did nothing anyway, does not prevent you from getting hit, nor can you train sheild handling. I think that might be coming soon(TM) as well. I would prefer working sheilds to precede the handles being visible, if it comes down to either/or. but hey, that is just me.