Beautiful Harold! That is is one nice looking 16 gauge.
On those 3" 20 gauge shells, it seem like I read that they were more about the pattern than payload. Much different than want the 3" 20 gauge shell evolved into. That hangtag and box of shells show that that the 3" initially still had 7/8oz of lead. James, that is a wonderful Parker! So nice that you have the hang tags and it is such a good looking gun!
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