This weekend I found a 16" R Waldo tenon saw with a brass back for $5. Hardly any information on the maker that I can find on the net but it says "Sheffield" on the spine so I figured it must be a decent saw. Unfortunately it might actually only be worth $5 because the brass spine is bent and the saw plate itself might be no good. As for the former I think I can figure out a way to straighten that but the saw plate I'm concerned about. If I bend the plate it won't spring back to (somewhat) straight--it holds the bend. I can bend it the other way to get it back to what it was but I wonder if the fact that the plate holds a bend means that it isn't good steel. I assume it either isn't spring steel to begin with or it is spring steel that has been ruined somehow.
Any of you experts see many old saws not made out of spring steel? Any chance this one is still worth the effort? Enlighten me, on saw steels, oh great Saw Swamis of the Creek.