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A complete restoration wouldn't add to the pistol's value, in my opinion. It probably wouldn't hurt it's value either because it's an arsenal rebuild. Others may disagree.
I had a Colt 1918 Black Army that was an arsenal rebuild (1914 Colt slide on a 1918 Colt frame). It was a rusted up POS. I couldn't live with it in that rusted condition and so I sent it to Turnbull Restoration. It came back looking like a new gun. I ended up selling it a few years later for about what I paid for the original gun plus the cost of the restoration.
If your gun is a "very nice rack grade" as you describe it, why not just leave it alone?
I had a Colt 1918 Black Army that was an arsenal rebuild (1914 Colt slide on a 1918 Colt frame). It was a rusted up POS. I couldn't live with it in that rusted condition and so I sent it to Turnbull Restoration. It came back looking like a new gun. I ended up selling it a few years later for about what I paid for the original gun plus the cost of the restoration.
If your gun is a "very nice rack grade" as you describe it, why not just leave it alone?