Ken, great question. I think when a restoration is done because the owner wants his Parker to reflect the fine workmanship and beauty of the factory Parker, he will get great enjoyment owning the restored Parker. When a restoration is done for the purpose of enhancing value, I am very doutful it can be done for much profit. A proper restoration by a Parker capable gunsmith is expensive. Usually the cost of the re-finished Parker when combined with acquisition costs will not yield a greater margin on the gun then if it is sold in it's original condition. You may sell it for more $$$ but you have more $$$ in it. I think this also holds true for old Winchesters and Sharps. Most who do it, do it, because they love the beauty of the original workmanship and enjoy owning a speciman that reflects that same workmanship.
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