Hi Bill
In the scenario you describe (a common model , mismatched and/or pitted), I personally would not bother, unless you just want a pretty shooter. In the end you are taking a $600-700 piece, and for the cost of $400 or so for a quality refurb, are turning it into a $900 shooter at best, so the economics don't work out, as it will not be a collectors piece.
I would only spend the money on a refurb if was a rare model ( HK, "K' date, Navy etc.), that was in poor shape. (The operative word being poor, I had one restorer tell me he routinely gets 90% condition guns to restore, which is just crazy)
Just my opinion,
Vince
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