ez-duzit
Well-known member
...The tote and knob look to be smooth and in good condition so tearing up his hands doesn't seem too likely...
Surely you can't believe that a woodworker only touches those two wooden parts of a plane while using it.

No! Severe pitting can tear up the user's hands or the workpiece. And it is important that a plane be usable on its sides. This is why the sides of a plane are (normally) smooth, flat and square. Of course one that isn't is still usable.
Someone might enjoy doing an incomplete restoration and owning a large collection of old tools whose usefulness is limited by their flaws. But I prefer choosing better quality, fully functional examples and shun tools that are too messed up to be worth the storage space they occupy.
Nobody holds a plane by the area with the heavy pitting at the back end, and nobody uses a small plane like that for shooting.