Cody: Your Parker VH should be worth for insurance purposes in the range of $1,200 - $1,800 judging by the condition shown in the pictures. The WK on your gun is the initials of Walter King who inspected your gun when it was built. On the rust I would try some 4/0 steel wool & WD40 and a lot of elbow grease.
I hope this helps, Best Regards.....George
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