What I look for
Here's my check list..
First remove the bold. Its easy, with the bolt in the open position hold the trigger back and it will slide right out. I usually check for any abnormal wear in or around the firing pin, then set the bolt down.
Next, place a white business card or piece of paper on the floor and look down the barrel. You are looking for a clean crown and nice sharp rifeling as well as any pitting along the barrel walls. I have yet to pick one up and find a shiney barrel. They are usually dark, but this can be cleaned with some elbow work.
At this point I re-insert the bolt, holding the trigger back. Look over the stock and make certain the brass inserts are present where the dog collars pass through the stock. Now check the Arsenal marks, and serial numbers. From a collector stand point its nice if all numbers are identical, with no strike throughs, from a shooters standpoint, I don't mind if a gunsmith at Izhesvk decided that the magazine needed replacing, put a spare in and lined out the old number then re-stamped the matching number. I do care if the stock has been spliced, so check for this next. The two most common splices I've seen are the toe area of the butt, and up around the forestock.
Lastly, check to see if the sights are correct for the model you are looking at, and not some Bubbized add on's, unless you are just after a cheapo rifle. These can be swapped out and returned to original, but its a bit of a hassle.
Furniture finish is least of my concerns. There's two schools of thought, one sez leave all the tire iron scrapes and marks as is and the other is strip it down and return the wood to original sheen. Personally, I wouldn't remove any of the stamps on the stock, but there may not be any, in which case refinishing is perfectly ok.
For the record I have one of each category. A 91/30 that I purchased with the ATI conversion bolt and rail, which I refinished, and a M44 that has all matching numbers and a host of Arsenal marks on the stock that I just polished the barrel, removed all cosmoline (a two day endeavour), and just shoot for the blast it produces. The 91/30 is more accurate and getting better (almost 1 MOA @ 100 yds.)
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