In the past, maybe during the 1970s and 1980s, Schrade's Uncle Henrys were guaranteed against loss for the life of the original purchaser. I never heard of anyone asking them to make good on the promise but no doubt some did. I imagine Schrade was counting on most buyers losing their sales receipt before they lost the knife. Currently all Schrade knives come from China so there's a good chance that's what you'd get if you asked them to replace an old one that you lost.
Reflecting on my experiences I will add that if someone has not bought their own pocket knife they don't have enough respect for them to take reasonable care of one you loan them. However, so many places prohibit all knives that it is understandable why some people in the big city left theirs at home.
Reflecting on my experiences I will add that if someone has not bought their own pocket knife they don't have enough respect for them to take reasonable care of one you loan them. However, so many places prohibit all knives that it is understandable why some people in the big city left theirs at home.