Sam, I think ultimately it is your choice and whether or not you will end up happy with the gun years from now. I can well remember shooters buying Springfield and Mauser rifles in the 50's and 60's, putting on a new Fajen or Bishop stock, bending the bolt and mounting a scope. Hundreds of dollars would be spent making a, "custom", rifle. In the end though it was still a Springfield or Mauser cheap sporter unless it was done by the likes of Al Biesen, Jerry Fisher, or Griffin and Howe. If your V grade Parker was engraved by somebody with the experience and quality of Kornbrath, Muerrle, John Warren, Claus Willig, (you get the picture) it will always be simply a nice V grade shooter. Give thought to what is wrong with the gun rather than how nice it looks on the outside. I like the comments above: What is the thickness of the barrel walls, just how loose is it and how much will it take to fix it so it isn't loose. If it is loose from normal shooting then that sounds to me like one heck of a lot of shooting for that gun. Also you said the gun is refinished. Engraving covers up a lot of what's wrong with a gun's outside finish. Are there pits you can see under the new finish? These are things to consider. In the end the choice is up to you. Personally I would rather have a plain jane but in good shooting condition V grade that has not been played with. Good luck with whatever you decide to do.
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