A friend, Bob in America commented below:
Rian, that looks like a wonderful old folded axe head, probably forged in a small shop more than a century ago. With my eyesight it may well be a Chinese knock-off from Bunnings circa 2002. Either way it's a beautiful save of a classic tool. I am so glad you are easily distracted because it makes me feel better. I can often be found working on something that isn't on any list with even the lowest priority. They just make me smile.
Well Bob, I took a closer up pic for you.
Grinding marks very much evident.
BUT……
Looks like you were right.