diff --git a/electrum/wallet.py b/electrum/wallet.py
index 5fa88a619..f38bada9d 100644
--- a/electrum/wallet.py
+++ b/electrum/wallet.py
@@ -1836,14 +1836,6 @@ class Wallet(object):
         wallet_type = storage.get('wallet_type')
         WalletClass = Wallet.wallet_class(wallet_type)
         wallet = WalletClass(storage)
-        # Convert hardware wallets restored with older versions of
-        # Electrum to BIP44 wallets.  A hardware wallet does not have
-        # a seed and plugins do not need to handle having one.
-        rwc = getattr(wallet, 'restore_wallet_class', None)
-        if rwc and storage.get('seed', ''):
-            storage.print_error("converting wallet type to " + rwc.wallet_type)
-            storage.put('wallet_type', rwc.wallet_type)
-            wallet = rwc(storage)
         return wallet
 
     @staticmethod