I would leave this one & not think twice!

I have but one M1903 & would like to eventually have more, but I'd keep any money that might be spent on this poor specimen & apply my hard-earned dollars to a rifle that has something going for it.
That's my opinion.

My grandfather used to have a response for anything that was purported to be worth "x" amount:
Upon hearing the asking price, he'd say, "Not with MY money!"
I echo his words, here.