$50 Debt

[cleancutredneck]

I was given this gun last night to settle a very small debt. Fella didn’t know anything about it, but I don’t think I lost anything on the deal.
From what I’ve read, it’s a 16 ga sxs manufactured by Gaspar Arizaga and produced post 1931.
Proof mark FN
http://personales.jet.es/rafa/b_punzones_larga_lisa.html
Proof mark 3rd from bottom
http://personales.jet.es/rafa/b_punzones_eibar_1931.html
From this picture I took last night, I think I can make out an ‘M1’ marking, indicating a date of 1967.
http://www.hallowellco.com/proof_date_codes.htm
Page 22.
http://www.hallowellco.com/proof_date_codes.htm
Proof mark of Eibar Proof House Impressed on all arms
Voluntary black Powder proof of breech-loading barrels (what’s the 2 for?)
Compulsory Smokeless Powder proof of breech-loading smoothbore firearms
Inspection of Ammunition
During the 1950’s, there wasn’t a huge demand for high end sxs, so Spanish manufactures filled this void with their lower end and lower priced sxs. I know this gun wouldn’t bring much, but do you think it’d be worth getting refurb’d?