All in all, this is a keeper. The matching blade and scabbard is definately a plus, but the condition could be a little better. Early pieces that survived six years of war in excellent condition are rather hard to find. J. Sch. was not one of the larger makers and this one would probably sell in the $125 - $150 range. JMHO.
Better pics (right side up) of the frog would help.
I think Denny's spot-on for value, but considering recent ebay auctions, it may even fetch closer to $180 even with the steel-wooled scabbard. Here's mine, just for fun. This is they year they began switching to Bakelite grips.
Both bayonets are nice. I would be glad to have either one in my collection. It`s too bad the first ones scabbard has been steel wooled. I agree on the values as well, although bayonets that weren`t in as good a shape have sold for over $200 on eBay. A 44ddl almost hit $500 a few weeks ago and the blade had been sharpened. Get a couple of knuckleheads bidding against each other and who knows were it will top out.