Steve: Nice "I" grade!!!!. Whom ever redid it did a great job. I too don't have problems with a rebuilt/restored/rewhatever gun as long as it was done for a good reason cosmetically or mechanically out of necessity. My favorite "shooting" Parker is a DHE 20 gage on a #1 frame that had been poorly restocked but with beautiful wood that I was able to re-inlet and save. The forend is off an AHE and the serial number on the iron didn't match. The barrels have been sleeved from 16 gage to 20 gage and done right by Merrington I'm told.No, it's not a collector Parker and it's damned heavy for a 20 gage but it is a damned fine clays gun, and at an investment by me of only the woodwork and 2K$ I would rather have it than a some of the worn out crap and repro's I have seen lately. BTW, I now have a Lefever G grade with damascus barrels in 12 gage that looks as good as yours but is untouched except the barrels have been rebrowned. I wish it had steel barrels but these check out and work fine with RST's. Besides that, it was the last "marque" I needed to complete my collection on McIntosh's 7 "Best Guns made in America". (There is an old thread here on the Parker) Lee.
