'Sniper338' - As others have stated, this Krag is a poor (and expensive) candidate for restoration. A 'drilled' receiver pretty much ruins any original restoration attempt.

I am left wondering your motivation for replacing the barrel. How long is it now and what is the bore condition?

To honor your grandfather, it would make sense to put it into a good configuration for Hunting. This could be done rather inexpensively, if it has a decent bore.

Your receiver holes look like they were done for a Weaver side-mount. The Weaver #2 side-mount base (#48402) is still made and sometimes shows up real cheap on ebay. The Detachable Side-Mount, (#49350), also is still available and is a solid way to put a Scope on a Krag.

Your stock 'chip' could be repaired near the receiver ring. A walnut nose-cap or tip could be added to the stock at the barrel-band to give the stock a carbine appearance.

A krag rear-sight and 'banded' front-sight could be put on the barrel to have iron sights.

The description of your hand-guard problem puzzles me a bit.

Attached is a picture of the Weaver side-mount and an inside view of a Krag hand-guard. I hope these are of help. BTW - Your hand-guard is for the model 1901 sight.

(p.s. - It appears a lot of your Krag's parts are retaining original finish. Krag rifles and carbines did not have a homogeneous 'Blue-Black' finish like many more modern arms have. IMHO - Putting a modern finish on a Krag does not turn out well).

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