I guess my opinion won't matter much as I'm not a collector, just an accumulator of older firearms that have been used but not abused and acquire that old patina that comes with age. I would never remove it's character with a refinish. What the other folks said about a good soaking in Kroil, oil it and use Ren Wax. So I vote no. That's a vey nice old Smith. Rich

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GOD BLESS THE USA