I wouldn't give $200 for it unless I could live with it as is.
This would be #21 of my 99 FAQs.
Restoring or rebuilding guns.
21. If you are asking about refinishing a worn looking gun or rebuilding a beater gun, in the vast majority of cases the cost will exceed the value of the finished product. Just rebluing a revolver will run $250 or more by the time you add shipping costs and refinishing the gun will actually lower its value in most instances. If the gun is an heirloom, or has some special meaning, and you want it looking like new and the cost be damned then go for it. But most times refinishing a gun is not economically feasible.
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