Tom,
There is a stone. Gray, on the side it says "PRODUCT BY CARBORUNDUM" with "SIC" below that. The compass works just fine but the clear cover is a little hazy but you can see the compass well enough to use it. I will try to attach a pic with the compass.
Jim

If it was mine I would use it on this years whitetail! If the compass is broken the shop might be able to install a new one and I bet it wouldn't cost much, might even be free.

Some toothpaste might clear that right up!

If it's in the outside anyways, if that fails I would ask the shop about it.

Ben i will try the toothpaste. I was hesitant to try polishing the compass cover as it may be a bit thin. Thanks.
jim

Thanks Jim. Look at that old stag. It's a great knife and even better story.

Be careful with cleaning and refinishing. You can't recreate 60+ years of patina.

Replacing the compass and or too much cleaning will reduce the value of the knife. That may not matter to you, but it is a fact on the resale market.

Welcome and good luck.

Thanks for the welcome and the advice. I was trying to figure out the age of this Randall so joined for some assistance. Looks like a nice place for knife questions and discussion. I just recently went through 35 plus years of knives collected and a few of them will spark some interest on the non Randall Forumns. The Randall I have was just some good fortune.
Jim

While I agree about cleaning it detracting from value I think most of the cleaning has already been done.

What goods a compass if you can't use it!

I doubt the compass can be replaced. Those old Marbles compass' are almost impossible to find anymore. The new ones are liquid filled and totally different size diameter. Just leave it alone if the toothpaste doesn't work. Nice find, regardless.

Pap