Brian, The gun looks to be salvageable. One thing to bear in mind on these early guns..If you will notice the area where the standing breech meets the water table that there is a sharp corner and no radius as on later guns. We have observed frames that have failed in this area and most likely the reason Parker started radiusing this area. If you plan on shooting this gun keep your loads light.
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"Much care is bestowed to make it what the Sportsman needs-a good gun"-Charles Parker
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