I restore for my liking, and no one else. This is not a business for me, and I have negligible emotions about "collector value". Again, if a 1920's era Parker was returned to Remington in 1960 (they were still repairing) and completely restored does that have any connotations? I don't believe it would show that anything other than someone was caring for the gun. Upgrades are different, but the same algorithms apply. If DelGreco upgraded a Parker in 1955 (He did several) for a Dupont exec what does that signify? If Herman Miller put his trigger on a DeLuxe Grade in 1933 or 1997 what does that do? Again, I never intend to deceive anyone, nor do I plan to sell my Smiths. An as new L.C. Smith shotgun is a wonder, and I shoot them a lot. $3500 - $5000 is a good figure for an "as new" restoration. $4000-$8000 for restoration and all new wood. Obviously depends on the grade. The cheats are usually easily discovered; all the restorations in the world can't remove the readily visible excrement from their souls.