It looks to me as if that buttstock is a replacement. There are several things about it that do not look correct for a Parker of that era. The guard is longer than a PG guard should be, and it does have 2 screws, which is not correct. The checkering pattern is not correct either, it comes up far too high against the locks. The lock panels are a bit too defined. And the shield on the top is too large and not the correct shape for a Parker.
But, the fit of the stock looks to be good.
The gun does have value, but "value" is all relative. It is not rare or in super high original condition. But it has the value of any other Parker shooter of that age. Not a bad find for your first hammer gun.
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B. Dudley
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