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Old 01-24-2013, 21:01   #2
cciman
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Join Date: Jan 2009
Location: SW Ohio
Posts: 2,601
1. Will this affect the functioning of the firearm?
No, absolutely not

2. Is this a chip in the finishing or the Tenifer itself? I'm wondering about longevity and resistance to rust. If just finish, no issues there.

Your picture will not enlarge, so I can't tell by looking, but my instinct says that it is irrelevant. Do a search on "tenifer" to understand what it is (more a treatment than a finish). if you want, you can hit it with a spot of oil, or (more work involved) some paint.

3. Is this common? Are there others that have similar nicks/chips?

no, and yes. Chips, nick, and wear can occur anywhere.

Keep shooting and collecting marks, relax, enjoy.
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