Brithunter,
The excessive proof tests that were done were done with black powder. The burn rate of black is such that essentially any quantity can be put in the barrel and not raise the pressure appreciably above a normal charge. It is quite easy, however, to exceed the capacity of this action with smokeless powder. I really like this action, but it is not the strongest available. With blackpowder cartridges, it is suitable for anything out there. But a modern smokeless shooter it is not.
On the collector question: I'll put the challenge out here as I have to this same question elsewhere.
I cut down good collectible rifles all the time to make shooters. I have over 20 rolling block actions and rifles in my hands now to make projects. I have some 7mm's with perfect bores, some in .43 spanish, and some that I have no clue what they are chambered in, and not enough interest to check. I have some with very good wood. They will all make nice 45-70's and 50-70's!
I will gladly trade a complete rifle for the equivalent in parts:
for example: Trade a 7mm with good barrel and good action and fair wood for: Repro action from Lone Star or similar (or original military action of same model and condition as the trade), plus unfinished octagon barrel blank from quality maker, plus semi-inlet wood from Crossno or Treebone.
If a piece is collectible, it ought to be worth at least the cost of unfinished parts that make up the whole!
I have the rolling blocks in my hands, right now, to back up my offer. In over 5 years, I have had exactly one person take me up on this offer, and he eventually converted the rifle to a sporter himself.
dave