Hi Scott,
That is a nice first Parker! And as Eric said a 12 gauge lifter in a #1 Frame is a reel nice configuration. I have #10931 not too far from yours.
As far as value goes that is hard to say without seeing the gun and knowing it is shootable. It looks like it is in decent condition(for a 142 year old gun!). A range might be $500-$1000, the higher end assuming good bores and a tight action, and noting major with the stock, etc... Value is subjective so I would focus on the positive...you now have a Parker hammer gun!
Let us know where you are so we can help you. I might be a good idea to meet up with a PGCA member near you to check out your gun...and hopefully go shooting. The Parker Lifter is such a great design and providing everything checks out you will love shooting that gun.
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