First things First!
My number one rule when considering any type of restoration is to thoroughly inspect the barrels. If the barrels have excessive issues, it quite often becomes a deal killer, especially if the bores are excessively pitted, the ribs are loose anywhere or it has very thin wall thickness.
Looking at the pictures you posted, my first thoughts were this one would be a very expensive one to restore & it would take a very talented smith to do the work. The gun needs some very time intensive metal work which would include some Tig welding work, let alone a complete replacement of the wood.
I'm guessing that because of the man hour labor costs, this one could be well north of $3000.00 to restore. Some times a gun is just beyond the point of no return and it's real value is displaying it as a conversation piece. You have a great story of how you found the gun and then everyone who see's it can speculate on how it might have gotten into the shape it's presently in.
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