What a find Brian! But... A lot of work!
The best thing you have going for it is that it is a legit grade 5 and that the stock is salvageable, by the looks of it.
The barrels are toast though which is too bad. But, they are standard Damascus (single D). Not fine Damascus (double D). So, finding a set of replacement barrels will be a lot easier.
The significant pitting can be remedied with some work, but all the metal work would mean needing to recut most all the engraving, from scratch likely.
Your budget question of $3k to $4k would likely be all or mostly spent on engraving.
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B. Dudley
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