I can't imagine why any consumer upon changing the barrel, would give a hoot about what was stamped on it. I would hazard a guess that they have a "12" stamp at the factory for short actions, and a "1" to add to it if it is a long? Or else they just slipped.
Locally, that would go for $400+ used I think at the gun shops. I don't know what you can get for it online. The useful part for some is that it is SINGLE shot. (stiffer). Doesn't have accutrigger, and the stock is worth $10. Until you shoot it or borescope it, you won't know much about the barrel.
(kidding) I'll certainly give you $50 for the action!
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