Thanks fellers. I used 5160 for the bit.
This forging sequence is based on a very early way of making the hatchet. It is very simple, if you can call it that. I had to forge the drift, since I didn't have one already. I will forge another larger drift so I can scale this head up somewhat. The method is good for about any size head. One good thing about old methods, is that they dont require a lot of extra tools. Other than the drift, just hammer and anvil.