Matt,
We get these questions all the time. With the limited photo's it looks like a nice 0 grade Parker. These old guns are only as good as their barrels. If the barrels aren't safe, the gun is not shootable. If they are in good condition, then you paid a very good price assuming the rest of the gun functions properly.
Some questions you can answer:
1. With the barrels off, suspend the barrels at the lug with your finger and tap each barrel the entire length. They should ring like a bell the entire length. If not, the ribs could be loose.
2. With the gun assembled, twist the barrels sideways and up and down to see if there is any looseness between the barrels and the receiver.
3. Do the same as above but this time with the forend off. Any looseness?
4. The only way to be reasonably assured that the gun is safe is to have a gunsmith familiar with vintage barrels take a look at the barrels. He'll be able to measure the wall thickness and examine the pits. If he says they are OK, then it's up to you to take the responsibility of shooting it.
5. Take the barrels off and look at the rear lug (closest to the extractor.) There should be a number stamped on the bottom of the lug. What's the number? It will probably be a 1 or 2 but more likely a 1 with a barrel weight of 3 14.
There are many shell manufactures who make vintage shells with low pressure available notably RST. If you decide to shoot the gun, I'd recommend shooting 7/8oz or 1oz shells. Recoil will be less on the old girl and you too.
If you reload, there are many recipies available. Try and keep your PSI below 8,000.
Good luck
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