Well, the real issue when thinking about buying a gun with an annoying wart is, as Mr. Tracy suggests, is "can I live with it?" If you can't the cheapest way out is to pass on the gun. When I buy a Parker, even for restoration, I look at 1) the barrels-are they sound can any dents or pits be fixed are the chokes adequate? 2) is the condition engraving satisfactory- is there any pitting or gouging that will be hard to fix? If the answers are not yes, I pass no matter how reluctantly. Barrels are the gun and the engraving is very hard to set right if truly trashed...I have learned...no really, I have!
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