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I would be verious dubious about re-chambering the .45/70 Pedersoli. I too have read some of the glowing reports about re-chambering these rifles, especially as posted on AR.
I personally owned a Pedersoli .45/70 and tried it with a variety of loads. I found the rifle to be very sensitive to both bullet weight and powder charge, just as most double rifles are.
It was quite obvious that my rifle was regulated for the Remington 405 grain factory load, or its equivalent. Any heavier bullet caused the barrel groups to spread. Any lighter bullet (such as the 350 Hornady) caused the barrel groups to cross. Increases in powder charge over the Remington 405 grain equivalent caused barrel groups to diverge, and I got into trouble with extraction before I got out of the "Marlin" loads.
In my mind, it's a pipe dream to think of the Pedersoli .45/70 as being anything but what it is. I would never have it re-chambered unless I was willing to bet the whole rifle on the result. You'll end up with unsellable junk.
But I don't mean to sound negative. The Pedersoli .45/70 is a fine rifle in its own right. Mine was accurate, well-regulated, and shot right to the sights - WITH THE LOAD IT WAS MADE TO SHOOT!
I agree, hammers are ok. Just a matter of practice. You'll like them!
Here are some photos of mine: Curl's Pedersoli .45/70
NEW LINK http://www.rbsiii.com/collection/rifles/pedersoli_45_70/pedersoli_45_70.htm
Curl
Updated link.
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