Hello Bill,
Sorry I can't give you a opinion of valuation based on the information at hand. We would need to know more about the gun such as grade, gauge, configuration etc. with good pictures of it as well.
I will comment though that generally speaking a Parker in the condition you described could very easily become a money pit if you decide to bring it back to at least a shooter type condition. The kicker on this is if the gun is a higher grade, small bore "28ga .410" or has some unique features which could off set the rationale for the costs involved.
I would suggest you look at the gun. Get all of the pertinent information off it such as gauge, grade, serial number, barrel length & type, & a series of good pictures you can post here. With this information we may be able to help you out some.
Good Luck ! I hope you find a diamond in the rough.
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