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That poor pistol. That Duracoat just never looks good to me. But your idea of parkerizing and wood grips will look good on it.
I've got one that was in a fire. I always wanted to rebuild it but never got around to it. I could probably buy one cheaper. I dunno why anybody would duracoat a gun. To me it looks like crap. I'd rather have a bucket full of rust and pits than duracoat.