Hard to tell from a 2-D photo, but it looks like some of the metal is proud of the wood -meaning a refinishing sometimes in the past. The bolts/screws may not have been properly tightened. Also after the ages, the wood may move from the face or thin oils may have softened the wood allowing more force than desirable to hit the wood causing a chip. If the gun has 2 9/16" chambers, same, same. In any case, bedding can solve many a problem. On the West Coast, Keith Kercher in Bend, Or. can solve your problem.
