You can go a couple different angles with the axe as you will see below on the painted vs. metal pics.
Painted by Matt Verzani
Sculpted by Jeff Grace
Painted by Matt Verzani
Sculpted by Jeff Grace
Painted by Matt Verzani
Sculpted by Jeff Grace
Painted by Dave Gulczynski for GRRM's personal collection
Sculpted by Jeff Grace
Sculpted by Jeff Grace
Inked with Reaper Master Series Paints
Sculpted by Jeff Grace
Inked with Reaper Master Series Paints