To restore or not to restore...that is my question | Restoration, Repair and Maintenance | Forum

I’m looking for opinions of whether an original condition lesser grade antique gun is more or less desirable than a restored one.

I have an addiction to Winchester model 1890’s, especially the antique second models. My collecting budget does not allow for the purchase of high grade original guns.
I also enjoy refinishing/restoring shooter grade (or worse) Model 1890’s.
My question is about my latest purchase.

First, please examine the rifle I just purchased that is not collector grade.
http://www.gunauction.com/search/displayitem.cfm?itemnum=12164413

Now look at a similar gun that I restored a couple of years back. It’s the same year of production.
http://s1225.photobucket.com/user/Rustyjack52/library/Antique%20Winchester%201890%20Restored?sort=2&page=1

I’m assuming I could restore my recent purchase for approximately another $100-200 investment ( stock, barrel liner etc.) I’m not considering the many hours of labor involved as it is a hobby.
Which gun would you rather own? From a value perspective, am I devaluing the gun with a restoration?
Or would it be better to maybe just find an original replacement stock and/or leave the rifle as is?

Just looking for opinions from seasoned collectors….thanks