1095 vs. fill in the blank...
David Weaver
I'm not sure what would make a better typical knife than 1095. 52100 wouldn't be it (though it's probably more stable for a knife maker and easier to harden ideally due to the added manganese).
As steels go toward more alloyed, they get some wear resistance, but I'm not much interested in that for chisels. I'm interested in the ability of the steel to hold a fine edge and not fail through anything other than wear.
What's the best commercial steel that I've ever seen for that? Yasuki white (doesn't matter if it's white 2 or white 1). It's almost completely devoid of everything but iron and carbon.
As far as other things knife folks may like (hammering a knife through a nail to prove the edge toughness, etc), we don't really care about that - that ability to be stronger up the bevel usually comes at the expense of the edge.
Razors are the other route to go down to examine what works best. I've had about 200 straight razors, and I've seen attempts through different eras to introduce a new and better steel, but each time I get one of the specialty razors, they are subpar in terms of maintaining a clean edge to simple silver steel drill rod. The silver steel rod sold now typically is 1.1% carbon and has a small amount of chromium, manganese and silicon.
Newer razors aren't quite as good as older razors in terms of steel properties. I don't know for sure if that's alloy related or if the current makers have switched to something more common ( a lower carbon CV variety, for example). I recall years ago on an english forum seeing that the original silver steel rod had some nickel in it.
Because of what I'm doing, the alloying elements may not really help (chromium wouldn't - it's more likely to migrate to the edges of the grains - it's not really intended to be forged around critical or just below). I also have a fairly controlled quench setup compared to a fast industrial process, and thus also don't need help from manganese to give forgiveness in transition when quenching. That may actually be a negative for me as the annealed hardness is better softer since I'm working by hand.
Whatever the case may be, the files have a more dry and different feel. The knives (that I've made) have a feel that O1 doesn't, and the bleeding edge is tougher.
The only other thing that I've encountered that seems similar is older cast steel and japanese white steel.
As far as hardness, I probably don't need more than 62 for any practical purpose. 1095 should be fine in chisels at 62 hardness if it's on spec for carbon. Toughness and bendability would only be an issue for beginners - i'm not looking to make a chisel that's ideal for beginners.
George mentioned to me that resurgence in skillful knife making has made 1095 popular in bar steel again in the last couple of decades. I guess there just isn't much drive for the similar steels that are a bit higher in carbon without much else, because I can't find them at retail (like W112, etc). W2 and others have too wide of a spec for carbon for me to take a risk on them unless a retailer vouches that theirs is a specific amount (e.g., the spec for W2 is 0.8-1.5% - you have to go to something like W7 to get the range set to something very narrow).
Knife suppliers also seem to prefer steel a little under 0.2", and I'm looking for 1/4 inch, so I'll keep looking. It's not a huge deal to hunt for used files on ebay once or twice a week -I just wish I could find a go-to large flat file that's 0.25" thick. Once I find one of those, then I'll be able to search for it by stamp.
For example, the heller HR 12 is a fantastic starting point for 1 1/8" chisels or narrower - lots of thickness to allow for hammering and have a substantial tang, and the steel is wonderful.
At any rate, I haven't seen much that knife people prefer (in wester knife making) that is similar to White #2 (whereas W112 is awfully close), and I haven't seen anything that knife people like that would make a better chisel than white 1 or white 2.