I personally would select gun number 2. I like honest used but not abused guns. I try to not buy projects but I will restore poor repairs or damage caused by negligence on a rare gun I desire. Lets say a rare example with better than average condition has multipule rust spots on the barrels and someone cleaned the rust with steel wool causing a big light area on one third of the barrel, I would have that barrel restored by a craftsman capable of producing a factory finish. Everyone has their own opinions and standards. Buy what YOU LIKE!
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