Parade axe is for non-military use - I think it is a combination of official use and religious such as the Sufi ceremonies. There are some good previous threads on this topic.
Well made examples of these flat Persian crescent shaped axes can be found in the major collections in Europe so they do have collectable and historic value. The challenge is to find good quality workmanship and avoid the poorly made examples that were just for the tourist market. So they are ok, as long as you understand they are not for military use then you wont be disappointed.
There are some crescent axes out there that were indeed for military use however. Like the Bardiche, certain types of european cavalry axe and other types of Islamic axes. But the one looks very typical Qajar.
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