Finally picked up the 550-1 from my mom's house. Here is what I know about it. From the date code it was made in November of 1951 and spent most of its life in my grandfathers pickup. There is some surface rust and a bit of pitting on the barrel and mag tube. The stock has some dings but is in pretty good shape. It is missing the deflector but I am not too worried about that. My younger brother did not want it as he stated that it kept jamming, so it is mine now. It was dirty, the barrel wasn't bad but the mag tube and the action looked like they had never been cleaned or oiled. I blasted the action with gun scrubber and it looked like used motor oil coming out of it. Well I fixed that and now the action and trigger work smooth, but I need to get to the range with it along with the J.C. Higgins model 30. I will let you all know how that goes. Here are some pictures. As I am evil (not Evil) :lame: I put the 22 ammo I scored last week in the picture. Some of this will go to the lucky winner of the ammo give away.