I would leave it the way it is, once you start to take it off your going to be committed to follow through to the end. I think it looks better than a polished receiver, and you certainly don't want to degrade the engraving any. The chances of finding any case color after you take off the blue are pretty slim too. I have a similar trap gun in similar condition, I thought the stock was a little ratty and I let the smith talk me into refinishing the barrels too. I have regretted it ever since, as crusty as it was before, it had character and it looked right. If there are things about the gun that bother you, you may do better to find another one you like.
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