ok, So those are fluid steel barrels. Which will help you out in the value department by way of rarety. Thats because most of the P grades are twist steel and the P grade became a much less popular model with the introduction of the V and then Trojan grades. The P grade was discontinued not long after the switch to primarily using steel barrels on standard order guns. I do not know the figures, but not too many P grades would have been made with the Fluid steel barrels.

Unfourtunately that metal being inlayed on the forend really hurts the value a lot. Not sure why that would have ever been done.

There is not a pic of the rest of the buttstock or the barrels in order to tell the condition of the rest of the wood or the bluing. But I woudl say that by way of restoration, a new forend would be on the slate at least. Not sure what other direction you would be wanting to go with it. The collector value of the gun has been effected with that forend. So a more extensive restoration might not be a bad option.

A 1921 PHE Parker Steel 16ga has been my go-to gun since the early 1970's. If photos are needed showing how one should look, let me know.

A new ejector forend is expensive to make because of all the inletting work involved. A proper P forend has a different checkering pattern than a V or G.

TPS shows that there were 14,230 P grade with Twist and 1,339 with Parker Steel. Although Parker Steel P's are uncommon, I am not sure that there are any historical sales figures that demonstrate an increased value or desireability over the next closest grades except in the unusual piece, like a .410. While there may be a slight added interest or special comment, I doubt that translates to higher value. Gauge, grade and condition dictate and the P is close to the V.

Bruce Day, Parker beginner and non expert

Someones name is on the trigger guard, that might give you a clue as to why the metal wrap around on the forend, maybe a jeweler. I bought a PHE in a little better shape with ejector trouble and great wood for $950.00 some time ago. That may be a ballpark figure.

PDD

I am working on the name on the trigger gaurd. I'm going to do a little more research on that. I am not sure if it was a long lost relative or what as this gun was willed to me by a great grandfather.

What is the difference in checkering pattern between a V and a P grade? I thought they were the same.

I agree Pete. I think Bruce just wants to see if we are paying attention...:)

It will not be an impossible task to find a forearm wood for an ejector #2 frame gun. Advertise here and on the doublegunshop site and you will probably find a forearm wood in short order.

Brian, sorry I pulled a fast one on you. One of the pictures of the PHE showed a little piece of a "P" on the barrel flat indicating that the barrels were Parker Steel. Pittypatdugan, I sold a PHE steel barrel gun for $950 in line waiting to get into the Louisville show a few years ago. Were you the guy who bought that gun?

Here are some more pics.... some closer up!