With a Headspace Gauge (rim thickness). There are three in a set, GO, FIELD and NO GO. Shouldn't close on NOGO A lot of them will close on Field Should be checked with light finger pressure only. If bolt handle won't rotate all way down without forcing it, you are good. Some gauges are marked with rim thickness. Mine are .064", .067" and .074". A lot of commercial cartridges are thinner in the rim than the military cartridges these rifles were made for.
if your grandfather shot it, I would not worry about headspace but also would only neck size after the first firing; that should allow the shell to index or space on the shoulder for future shots and also works your brass much less. I would also anneal the brass every 4 or 5 shots
cheers mooncoon
Well since you asked (and I may get flamed for this), I'd go shoot it after giving it a good visual and mechanical once over.
I've had well over a dozen LE's go through my hands over the years and I've never had headspace checked on any of them. Actually the only rifle I ever had checked was the P-17, as it was clear reading between the lines from the seller, that there was an issue.