Bent steel tyre bead - recoverable?

ultrazenith

Senior Retro Guru
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Just rooting through the back of the family garage and found a barely used Tioga Psycho TT that I promptly removed from my brand new Diamond Back Apex in 1997. No cracking in the rubber is apparent :) Unfortunately, something heavy has been resting on the tyre bead for several years and the bead is warped very significantly. I reckon I can still fit it to a wheel as it is now, but should I try to bend it back into its normal shape? Or on the contrary, should I exercise caution and not even try to use this tyre?
 
I've straightened lots, as they sometimes get bent in transit (mail order)

BUT, if its been there for years i'd be having a close look.
Is it a sharp bend (could have cracked the strands), is there any sign of corrosion where the rubber has split (if it has actually split!). Are there any pointy bits of wire sticking out?

If all seems ok, i'd probably go for it, carefully straighten, pump it up and keep an eye on it. (look for bulges in the sidewall or it not sitting straight on the rim)
 
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