To add to the above:
- Some gunto have traditionally-made (hand-made) blades made specially for them, and some have antique family blades remounted as gunto. Officers would buy their own swords, and could and would use blades they already had. NCO swords were issued, and typically have mass-produced blades.
- Modern traditionally-made made-in-Japan swords are still nihonto. "Nihonto" just means it's traditionally-made and made in Japan, and doesn't mean it's antique. Cheap modern nihonto are often made for martial arts use, but many modern nihonto are made for the collector market, and these are more expensive. Part of the price difference is the cost of the better polish the "art swords" get (not "art" as in "martial arts" = "martial skills", but "art" as in fine art), and part of the difference is that the smiths selling to the collector market are the better smiths and command higher prices.
- As for maintenance of nihonto, the owner is expected to clean and oil it. Polishing (which is basically sharpening - putting the blade on the stones) is what is left to the professionals. A full polish will typically cost about $1000 to $2000, and a bad polish can greatly reduce the value of a sword, either because the new owner will feel the need to fix the bad polish be getting it re-polished, or the bad polish has done things like round off the ridge or yokote, etc. Since art swords don't usually get used for cutting (why risk putting scratches on a $2K polish?), and are kept clean and oiled, there's no need for an owner to re-polish their blade. Polishing is not regular maintenance. Some people will try to polish antiques that they buy in poor condition, and they often ruin them as far as nihonto collectors are concerned (but often the blade is already junk as far as nihonto collectors are concerned).