Don't let the rusty and worn appearance turn you off. A knife is always a knife - and some say an old knife ages just like a good wine (no one has probably ever said that). Try it out and you'll see things will bleed.
The Scout Knife is a rusty-yet-compact ranch knife. Despite its rather mediocre damage potential and short range, the Scout Knife possesses very fast attacks, capable of pummeling an enemy into submission before they can react. It is also compact enough to use in a high-concealment Dodge and/or stealth build.