Before you decide the old wood isn't good enough, be sure to clean it up.
I just have been cleaning an old J.P.Sauer & Sohn stock from about 1854, and underneath all that old gunk and grime....HOLY SMOKE!
AAAA Walnut. I have a respected wood man who said before I cleaned it up: "Sam, it's too far gone to refinish." I took it back to him, and he said "Oh, gee, keep this stock, and I will help you with it." Yes, yes, I know "Pictures" Not yet, boys, she doesn't have her clothes on yet.
Sam Ogle, Lincoln, NE