Blade Edges

• Steak knives have serrated or straight-edged blades. The serrated edges are teeth-like, and saw the meat. Straight edges, when properly sharpened, slide effortlessly through the steak. Serrated blades require a special sharpener, while straight edges can be honed with a range of devices.
  
  

Stamped vs. Forged Blades

• Stamped steak knife blades are made from a piece punched from a large steel sheet. Forged knife blades are formed by beating hot steel into the preferred shape with a hammer. Stamped-blade knives have thinner blades than forged, tend to lose their edge faster, and suffer from repeated sharpening.
  
  

Handle Choices

• Handles are more than just decorative, practical parts of knives. The way they feel in the hand and how they balance with the blade is important. Choosing handles is a personal decision based on comfort and aesthetics.
  
  

Cost

• After considering the aforementioned options, it comes down to price. Prices vary greatly for steak knives, and can range from $10 for a set of four serrated-edge, stamped knives, to over $500 for four with quality forged blades and ornate handles. Searching for sales and special offers is worth the effort.