TN,
Until Buck started advertising 420HC, they used a stainless steel known as 425M. It's somewhat similar to 440A, with a carbon content of around .5. I"ve an old Buck 110 that my dad bought for me in 1968 when I was heading to Nam, and that I carried as a work knife until I retired in 84. Great knife, took a heck of an edge. Haven't had a chance to compare that Buck with a new version made using 420HC, and was curious if anyone else has. Based on the analysis that e3ck was kind enough to provide, I'm even more curious. To me, it looks like a pretty low grade(read cheap) stainless, but perhaps I'm mistaken and after proper heat treat/temper it's at least as good as 425M is/was. Be nice if someone has done some serious work with the stuff and is willing to share their opinions.