Wonderfully shaded, but the proportions seem to be slightly off (mainly on the handle).

The handle looks a little too small

Looks like a blue poking stick (U-hum...) with a handle.

The blade of the sword doesn't look all too sharp from here, kind of reminds me of one of those gel-type buttons. The red gem isn't all too noticeable at 1x, maybe make it a bit bigger/brighter or change to a jewel with more contrast to the hilt's colour. The guard seems a bit strange, it has the effect of being rounded - like a stuffed animal or a balloon.