W&B's are tough to find in the wild for sure, KJ. If one of those were a FBU (for barber's use), I would say jump all over it. With these, after having them refinished and rescaled, you'll be lucky to have them valued at what you have invested.
The smaller razor has a lot of uneven spine wear and as a result, a lot of hone wear along the edge. The etching does look to be in good shape, however, for a razor that is most likely over 100 years old. There is some cracking on the inside of the scales around the pivot pin as well, which would be even more evident when the are cleaned up; almost to the point that they would need to be replaced.
The Celebrated is the more desirable of the two, but with the horn scales at the pivot pin being broken, it damages the value quite a bit, as having the original scales on those is part of the selling point. Repairing those scales would be rather expensive, and wouldn't look quite right in the end. This razor as well has quite a bit of spine wear on it, though pretty even. The bevel on it looks fairly straight as well, though it is rather wide. The blade on that one would clean up nicely from the looks of it, outside of possibly the toe, which looks like it has some corrosion that might have gone all the way through.
All in all, $39 and $49 for those razors are probably at the extreme top end of what would be considered an acceptable price, and only if you were planning on keeping them in your den as display pieces after having them rehab'd. They aren't worth it if you are planning on refurbishing and flipping them. Just my $.02...