Mike I had my Henry repaired and it was worse than yours but in the same spot.







Not great photos but they're all that I have. Cost was $245 for repair, refinish, rechecker. 450-400 2 3/8". I shot it quite a bit after the repair and had no problems. It looks best if most of the problems are in the checkering.

http://cap-n-ball.com/fulton/

It took a couple of months but he's busy.