Aaron,
I have seen much worse. Action appears to be in reasonable condition, not pitted. I take it the barrel SN don't match, which certainly affects any collector value. So perhaps it is a "shooter" and not worth a full restoration. But, with the barrel condition as you describe, the dent can be raised, and a new stock put on it to make it a great shooter. A full restoration, metal finish, new stock, is many thousand dollars likely exceeding the guns value.
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Keavin Nelson
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