Mr Goins, there are multiple serial number places on a Parker, the frame arm water table being one of the more concealed places.
While photographs may tell the story, I have seen before frame arm serial numbers gouged down by a person assembling the gun with shaky hands or poor eyesight. They run the sharp edge of the barrel lug along the frame repeatedly and that does it. I'm not saying that is what happened , but it has happened and is a plausible explanation for this gun, particularly when the serial number is most visible on the trigger guard tang.
As to your question of value, I certainly can't hazard a guess without good photographs, but V grade 16's in good condition have sold from $2200 to $4500, that I know of.
If a person is looking for a first Parker and wants advise from people who know a little something about the guns, may I suggest holding off buying and going to the Southern Side by Side by Sanford NC at the end of April. There are usually many Parkers for sale there.
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