I stand corrected Clay, your barrels appear factory length. When you answered that the wavy lines on the rib went all the way to the end, I thought you meant they ran right out to the end. That is why the pictures are so important! Every detail and nuance has some meaning and a part to tell about the gun.
Good catch on the Remington repair codes Dave!

I appreciate all of the input because admittedly I don't know guns the way you guys do! I would love to ask my grandfather a few questions right now! I've asked everyone still living but no one has any knowledge at this point.

So Remington repaired this gun at some point? I'm sure the code doesn't tell us anything about what was done? Am I correct that the serial # 97076 indicates this gun was manufactured in 1900?

Yup, no idea about what Remington did and 1900 is right. The bolt plate could have been updated any time after 1910.

The highest possible value for that gun would come from passing it down to a son/daughter, or grandson/grandaughter and hopefully pondered a hundred or so years down the trail.

It's a well used/worn Parker 20 Ga V Grade. I'd have no doubt you could get over $1000 for it and I'd be really amazed if you got $3000 for it.

FWIW I bought a VH 20 in much better shape for $2300. This is just to get an idea on pricing not an evaluation of your gun.

It looks like a great little shooter, to me. If I was in the market for a 20 bore, I would be interested.

Absolutely!! Keep the gun for the family. If you sell it you WILL always regret having done so!

I have two 'family' Parkers that my great grandfather bought over a 100 years ago here in Iowa. One is a 20 about identical to yours- even to the Pach white line 'tennis shoe' pad. Enjoy the gun. Get it out of the safe, into a case and into the truck and go hunting with it.

I doubt there are one in 10 (more like 1 in 100) PGCA members who have a Parker of any grade that came down thru the family. Most of them bought their own first Parker. You are one of the lucky ones who inherited theirs. You don't own a family gun- you hold it in trust for the next trustee. Keep the entail going.