Here some more photos.
"1942" UFH bayo cut to 10" blade and its M7 scabbard
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M5A1 Milpar bayo and its M8A1 scabbard
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M7 Milpar Col bayo and its M8A1 scabbard for M16/AR15 rifle
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The military pouch brings the date of Sep. 1958
I bought it when I was 13 years old in 1974 in a small used items market in Milan where also military staff were sold.