Method and apparatus for sharpening a cutting tool. In some embodiments, an abrasive endless belt is rotated in tension along a neutral plane between spaced apart first and second rollers. A guide assembly has spaced apart first and second guide surfaces which collectively converge to an intervening base surface to form a guide channel. Upon insertion of a blade of a cutting tool into the guide channel, a selected side of the blade contactingly slides against at least a selected one of the first or second guide surfaces and a first portion of a cutting edge of the blade contactingly engages the base surface to serve as a plunge depth limit stop for the blade. The endless belt is contactingly deflected by a second portion of the cutting edge away from the neutral plane to sharpen the second portion while the first portion remains in contact with the base surface.