The L represents Laminated Steel barrels and OH Osthaus always gives good advice.
It has been my experience however, that in that serial number range, Parkers with Laminated Steel barrels and that “graver walk” instead of single line engraving are usually in fact Grade 1 guns, where Grade-0 guns generally had Twist or Twist Steel barrels with straight line border engraving.
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"I'm a Setter man.
Not because I think they're better than the other breeds,
but because I'm a romantic - stuck on tradition - and to me, a Setter just "belongs" in the grouse picture."
George King, "That's Ruff", 2010 - a timeless classic.
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