Many Parkers left Meriden or Ilion with a pad rather than a DHBP or a SKBP - it was the choice of the person who ordered the gun and if a research letter supports a pad then there is no loss in value. However, on a D or higher grade that has a SKBP, so much the better as far as value is concerned.
Barrels that have been cut 2" or less are acceptable for shooters (not for collectors) but if they have been cut 3" you can safely presume there is no choke at all. Original Parker Bros. chokes begin more than 3" from the muzzle, sometimes 4" or a little more so a 2" cut may still be okay for some shooting.
Sleeved barrels, as eightbore alluded, are usually the "kiss of death" for a Parker.
Comparing American sleeved barrels with British sleeved barrels is like comparing a model 24 with a Purdy. In short, much more finely done.
Last edited by DAM16SXS; 09/18/08 07:44 PM.