Derek, most of us here would be thrilled to inherit a family Parker in any condition. And knowing what he did to maintain it just makes the story more interesting and personal. I hope you shoot that gun often, care for it and enjoy it as much as your grandfather did.

Something will happen to you when you shoot it. They just are different, they handle and point nice and I would give a left leg to have any Parker in any condition handed down to me. A 20g Parker is NOT junk!

In regards to restoring/refinishing guns, I have no problem with reblued/refinished barrels done properly and nicely refinished wood. I dont care for re-case coloring, however.
I have a little A grade 16Fox that was in poor condition when bought. The stock was refinished, and barrels nicely reblued. I left the wonderful soft, silvery patina of the receiver alone.

Brian, the VH stock I pictured, 195024, is as close in serial number to the OP's gun as I had in my files. I have a 1930 vintage 20-gauge VH in the low 235xxx range that is just as plain.

Yup, I have never seen a 1922 V grade with wood like that. About $1500 or $2000 will bring that gun's metal condition back to a condition that will match the wood. In my opinion, that's the way to go. Mr. Dudley may be the person to do that.

Shot her today, did some skeet too. Instantly I had a crowd of old timers around me. What a great shooting gun. I told them the opinion that the gun was refinished poorly, the guys at Quinton shooting club attacked me Instantly and said it's actually finished very nicely. Maybe it looks better in sunlight. Anyway, they tried to buy the gun from me, when I explained how I ended up with it they backed off. I am very happy with this gun. Shot my AH Fox and LC Smith too. What a great day. Gun ran flawless and locked up tight. Had the chokes measured they are full and mod. Didn't take long to powder some clays. The gun shot a little high for me but as soon as I dialed it in it was easy to get on target.

It's definitely a cool old gun. 1,000X cooler since it came from your grandfather. Enjoy shooting it!

There you go, I shot sc yesterday with an old vintage 16 Ithaca, and Brett Hoops with a 28 repro. Only ones there with sxs's

Now if I could just find some ammo......

I’d recommend getting into reloading. Only problem being the lack of available components. Keep checking Walmart. One of our group has been lucky finding Winchester ammo there.