Doc - Like Tom, I would like to see your after market set too. I don't have one of those. Would be a nice comparison.
Rick - Thanks for the information. Don't forget that knives got lost and replaced. Knives got used and upgraded to a better one. Wouldn't even doubt it if a dealer changed out a knife or two in these sets. Especially if one like John's red bone was in a single knife sheath and caught someone's eye and they had a dealer exchange one in a kit to make the sale. I know lots of knives that have been ungraded in sets over the past 10 years. Also know of empty sheaths that have been filled.
Rick - If you can see the leather was formed tightly about the handle and/or blade, it would be pretty hard speculate that the knife was not original to the sheath.
John - Yes, I am sure there was a transition that took place during some time frame when the 648 changed, the sheath changed, and the running bear became the script bear. Anyone who believes all of those things were changed overnight on the same day and there were no transition sets, probably needs only to look at a few dozen more sets to make the discovery for themselves.
John - Nice try. You can unpack those boxes. That old knife set will probably stay right here until I croak.