Gentlemen
Thanks for all the comments.
I am lucky enough to have a relative who is a silversmith so I will ask him about the silverwork.  I don't intend to replace it but perhaps just an insert to cover the exposed wood.  I think I will leave the wooden part of the scabbard as it is, I don't want to replace the whole side and to replace a section decently is far beyond my woodworking ability  
 
 
Thanks again
Roy