Patton - Are you sure that barrel date is 11-42 ? - Is the barrel stamped SC ?
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As has been stated above, bore condition is first consideration. Invest in a gauge that can measure throat erosion (TE) and muzzle wear (MW) The scale for both is 0 to 8 which corresponds to .300" to .308" They basically measure how high the lands are. Ideally, a new barrel would measure 0 on both MW & TE. During WWII, standards were relaxed & brand new barrels sometimes measured 3 right off the production line. I'd hesitate to by a rifle that measured over 3 MW (muzzle wear is the more critical factor) or 5 TE.
Next would be headspace. I once purchased a rifle that had excess headspace & it caused me grief & problems. If you don't wish to invest in Go and No Go gauges (you need both and they are more expensive than a bore gauge), insist on an inspection period & have a competent gunsmith check headspace.
After that, I'd look for the mechanical condition of the rear & front sights (opperate freely & no bent/broken parts; safety on the bolt shroud (does it turn freely); firing pin & striker (striker has smooth, hemispherical head with no pits or erosion and the sear face on the firing pin nice & even with no pits); bolt face (striker hole round & no erosion or pits; bolt lugs (wear pattern show both engage; no pits); safety lug clearance at least .03" from receiver bridge; sear engagement nice & even (can be seen at receiver tang when bolt is removed); trigger pull has definite two-stage pull with a definite stop at the end of the 2nd stage & a definite, consistent let off; extractor extracts & ejector ejects; guard screws tighten up OK (slots not buggered & screws not broken); magazine cut off has plunger & spring & operates smoothly; follower & spring function OK (follower spring in many rifles needs replacement - if it has lost its spring, it causes poor feeding as the cartridges are not pushed up enough where the bolt can push them into the chamber.
Last is finish - pitting & rust downgrade a rifle. The stock should be free of cracks, splits, chips. Repairs are OK if they are done well - US Army repaired many stocks & did a good job. Foreign governments like the Greeks made rough repairs & it shows.
That's it in a nut shell! A piece of cake!
Hey Chris,
Can we see some photos? Sounds like you did well.
LB
hooray for you; we all know that the Smith-Corona is the top of the line. Sounds like you have a copy of my rifle, Duggaboy