Originally Posted by
PeteDavis
Whoa!
In Grandfathers defense, he did those home modifications at a time when that rifle was worth less than $50. Thousands of people bought surplus M1903's from various sources from the 1940's through the '70's, and converted them over. And most of the conversions were meat-getter rack grades that were used, not stored as collectibles. And at that time, a hunting rifle was expensive and surplus weapons were a cheap alternative.
As far as the value, the rifle has been rebarrelled, but does not look drilled and tapped. The value is in it's potential for restoration purposes. A stock, and set of bands would restore it to a military-configured '03. Someone might want to do it. With nothing invested, a restoration by you would be worth the time and money. You could sell it in it's current state in the classifieds here for sure.
My 2 c. and Happy Holidays to all.
PD