From the top to the bottom: A piece of steel (not the highest quality unfortunatelly), a piece of Purple Heart and a piece of American Black Walnut. I don't have any photos of the various stages (next time!), but here is the result after about 4 hours of cutting, polishing, carving and finishing.Here it is closed:

Here it is opened:

A detail of the purlple hart and Black walnut handle:

Ok, perhaps is a little too sharp to be used as an envelope opener. I think it will function better as a fancy rough carving knife...

Eventually I'll put some filework on it, but I've never done it and I need to experiment on something else first.