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Hand Axe vs Skinning Knife

Hand Axe
One-Hand
2 - 4 DamageSpeed 2.00
(1.5 damage per second)
Sells for 16 Copper to vendors
Item Level 4

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Skinning Knife
One-HandMiscellaneous
1 - 3 DamageSpeed 1.60
(1.3 damage per second)
Sells for 2 Copper to vendors
Item Level 4
CHANGED Changed in Forever: damage.

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Side by side:

Set your class weights in Preferences to see which is better for you.

Stat Hand Axe Skinning Knife Δ
Item Level 4 4 0
DPS 1.5 1.3 −0.2
Speed 2.00 1.60 −0.40
Damage 2 - 4 1 - 3
Sell Price 16c 2c −14c

Δ is Skinning Knife minus Hand Axe: green where Skinning Knife is better, red where it is worse (a lower required level is better; speed and sell price have no better side). Total Stats adds up Str, Agi, Sta, Int and Spi.

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