Sleeving is the process of cutting barrels off slightly beyond the chamber mouth, and putting new barrel tubes on. In this case it was done probably to rid the shooter of those "dangerous" damascus barrels. The more legitimate reason is the original bores were too pitted to shoot safely and sleeving was the solution. Can you see a fine line on the barrel walls just beyond the chambers? That's where the new tubes were put on. At least your gun says sleeved, some do not. Are there English proof marks on the barrel flats? As far as value, I would not pay much if I even wanted such a gun. There are plenty of original D-grades out there for something like that to be worth much at all. Wood extensions are great bargaining points on shooters depending on the grade. Can't give you a % there. That's up to you.
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