To change barrels or not.

[Patrick Chadwick]

I have a Winchester M1 that has a worn out barrel. All parts are Winchester. The stock has been sanded(I believe because of water damage not arsenal rebuild)
Should I buy a Winchester barrel with a chromed gas port to improve the value or keep the original, worn out barrel? Thanks in advance.

Bore worn out - not good as a shooter. You could correct that - for a hefty price.
Stock sanded - not good for collecting. You can't undo that.

So it will never be "all correct", regardless of what you do.

Use your money to buy a better rifle, sell the spoilt one for whatever it brings.