Greetings
The razor actually looks a lot better in that photo than what it does in the hand, the gold plating is well worn, in fact the top cap is down to the raw brass, it is nevertheless an excellent shaver.
'New's' tend to be fairly aggressive shavers about the same as say a Fatboy on setting 7 or 8 and more aggressive than 'Old's', but of course some people would disagree, there are very many sub models and two different comb styles, this one and a model with a shorter comb, they all give a very similar shave. During the twenties and thirties they were probably the commonest razor used.
Regards
Dick.