Eightbore, you are correct. With the forend on and the gun closed, there is a light click which I chalked up to being off face. With the forend off and the gun closed, there is a little more play. With a 126 serial number, is doublegunhq's suggestion to have the wedge replaced possible?

Being so new to Parkers, I didn't even think to check for frame size. It was a pretty light gun which I initially thought was a 20. I'll be back there later this week to look over it again and make an offer.