Thanks for the replies! I appreciate it.
Being a complete newbie myself, I haven't been to test ring and rebound just yet. I will meet with a blacksmith on the weekend who will help me with this part. In the meantime, I'll be reading a lot of the content here on the forum, which is already helping me out a lot.
Thanks again for the support. I'm very excited about starting forging my own stuff. I was just worried that because it seems really old, it wouldn't endure much longer.