Vintage True Temper Perfect 32 Double Bit Axe, 3lb. 7 1/2 oz. 
Phantom Bevel
9 3/4" Head w/ 4 3/4" Cutting Edges (approximate)
Excellent Head w/ Minimal Pitting
A Very Clear Stamped Trade Mark

As the story goes, the "phantom bevel" was originally created to increase strength in early axe heads that were made of mild steel and bit welded.  The "phantom bevel" was kept on later and improved axe head models to pass on the illusion of strength.