Chip if you have no interest in the shooting sports or any sentimental attachment to the gun then by all means sell it. If you do enjoy the shooting sports then follow the advice and give Grandma her funds. My road into the world of Parkers was inherited by a man I never met, my Grandfather. He was a trap shooter and a bird hunter. He came home one day with a Parker A1 special (my mom remembers the argument with her parents to this day over this purchase) but he died and Grandma GAVE the gun to one of his friends per his request. I wish I had Grandpa's Parker or any other shotgun he had.
It can always be sold...once gone it's probably gone forever.
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