Frank, to restore your Parker correctly it would take quite a lot of money and that would first require that you use only one of the few in the country who are qualified to do it flawlessly. Doug Turnbull comes to mind as well as Abe Chaber, David Trevallion (who is primarily a magician with wood but who will send it to the best men in metal that he knows of {if he even has the time to take on the project}). There is also a gentleman on Cape Cod (name escapes me at the moment) who's work is equally flawless. But the point is - it will be very expensive. If you can't or won't commit to that kind of expense my recommendation is to do nothing at all with it... just leave it as is - that way it doesn't receive certain refinishing treatments that might not be able to be undone... the next owner would curse you for that.
It is a wonderful gun that deserves deep consideration in what you decide to do.
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