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a 50 plus year old one my grandfather brought over when he came from the Philipines
If I could find an old Collins machete I'd be a very happy camper indeed. I've been toying with the idea of ordering a Martindale, but it appears I'd have to order it from the UK.
All I ever see available in stores are crappy machetes. None of the Tramontina or Ontario machetes I've ever seen or handled are what I'd want, much less the even cheaper ones they sell at big box stores. The Home Depots and Lowe's around here seem to stock one model each . . . and they flat suck. The Cold Steel panga is about as close to acceptable as I've seen in a modern production machete available OTC in the states.
A machete should be thin, sharp, and light, and not too long. Ontario machetes, while durable and available in the 18" length I prefer, are too thick and heavy (I think they're designed to be soldier-proof rather than optimized for use as a machete). You don't need or want a thick, heavy blade, since machetes are intended to use speed and angular momentum to slice vines and thin brush, not to use brute power to chop though limbs and logs.* The longer the blade is, the more likely it is to get hung up on other vegetation during the swing cycle. The automagic sharpener on the Ontario sheath is a neat idea, but the angle is nowhere near acute enough. You'll have much better luck maintaining a proper edge with some sort of file/steel/stone regimen.
A machete can be a useful general purpose tool, but it is no substitute for an axe or a saw.
One reason I want an old Collins machete so badly is that they have wavy transverse ridges on the blade that break suction when slicing through succulent high water-content vegetation like banana trees, where an ordinary machete would get hung up.
* Don't hold a machete in a tight fist, make a loop with your first and second fingers and thumb and let it swing!