What you have there is a custom engraved VH grade. The original VH zig zag border engraving is there still, but someone tried their hand at adding some additional engraving to the frame and the barrels.
This would not be considered any sort of an upgrade since it is not trying to replicate an actual Parker grade.
Restoration would technically mean putting back as a proper VH, which would mean very extensive work and money which would not realize itself in the end in regards to market value.
The wood had also been replaced with something to be intended to be more fancy as well.
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B. Dudley
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