My dad had an identical axe. I'll take a look in his shed to see if it's still there. Duct tape was probably put on to protect the wood. Looks like it did the job! - Bob
Dad's axe was still in the shed - not quite identical, but at least similar. Will attach a blurry "flip" phone picture. Has a 72 on one side and a large oval marking on the other. The oval marking reads "GAMBLES ARTISAN SUPER QUALITY". I was puzzled at first by the 72, thinking it meant the year - and couldn't be the axe I remembered from the 50's. When I cleaned up the other side a bit and saw GAMBLES, I knew it had to be, because that store closed in our town probably late 40's or very early 50's. the 72 must stand for something else, possibly year/month ('47 Feb) or month/year (Jul '52)
Attachment 121527