Walts / Latama did a run of flatguard picklocks about 10 years ago that easily rival the quality of 1940's-50's blades......but , like Osprey said, expect to pay.....they are 3-600 each on the secondary market now...
Most of the blades floating around in the 70's/80's/90's were junk.......and many folks associated the cheaply made "Rizzuto Estiletto Milanos" as the classic Italian switchblade.....they were made in Japan and Korea for the most part....funny thing is that they were so cheaply made, relatively few have survived in good condition....and now have a cult following, and bring good $$$
Look for a 5mm wide backspring, and solid (not hollow or stamped steel) nickel bolsters as a general sign of a quality knife. Picklocks are more desirable than bolster release.
a few of mine: