I see your point, but the blade is still relatively sharp, with no evidence of recent sharpening, it is very sturdy and feels very functional. The history given to me was that this was indeed a weapon brought back from WW1. The curve of the blade is less acute than the wedding Nimcha posted, making it more effective as a slashing type blade. The area mid way along the blade is the sharpist... again pointing to its ability to 'slash'.
The carving on the handle is very good quality, and improves the 'grip' considerably without being too ornate. The guard in the photos look thin and weak. However this is not the case, I have tried to bend it

and found it to be very strong and would certainly protect the hand.
Why make a ceremonial knife with a functional blade.... surely ceremonial or ritual weapons are representations ......