Howdy Toby
Hang on to your Rifle, you will only like it more every time you shoot it I don't think the Pedersoli's are second best to any American made Rifle, and I never thought I would say this but from what I've seen and heard, I think you can be right proud to own a Pedersoli Sharps Rifle, I just got one myself, but have to wait to shoot it, I just had shoulder surgery a week ago so I have to bit the bullet for a while, I can't wait to get it to the range.
I have a friend that has the same Rifle I do, and set up the same way , and he is hitting a target out to 1179 yds, and thats with a 45/70, with a mid range Soule site.
Enjoy your Rifle, and hang on to it you'll be glad you did
tEN wOLVES