Winchester 1892 92 Saddle Ring Carbine SRC .38-40 WCF Lever Rifle, 1927 C&R

SOLD FOR: $2225

LSB#: 220309JI006

Make: Winchester Repeating Arms

Model: 1892 Saddle Ring Carbine

Serial Number: 978248

Year of Manufacture: 1927

Caliber: .38-40 Winchester (.38-40 Winchester Center Fire)

Action Type: Lever Action, Tubular Magazine Fed

Markings: The left of the barrel is marked “-MODEL 92 – WINCHESTER – 38 W.C.F.- / -TRADE MARK-“, the right is marked “MADE IN U.S.A. WINCHESTER REPEATING ARMS CO. / -NEW HAVEN, CONN.-“. The top-rear of the barrel and the top of the chamber ring each have an ovalled “WP” proof. The underside of the receiver is marked “978248” at the front. The upper tang is marked “WINCHESTER / TRADE MARK / MADE IN U.S.A.”.

Barrel Length: 20″, Round

Sights / Optics: The front sight is a beaded blade pinned in a slotted base fixed to the front of the barrel. The rear sight is a folding ladder-style sight, presenting a “U”-notch when folded down and with a “U”-notched slider on the ladder, marked from “0” to “20”. The slider is a little loose on the ladder. The top tang is drilled, tapped and filled for a peep sight (none included).

Stock Configuration & Condition: The stocks are 2-piece smooth walnut with banded forend, straight grip and steel carbine-style buttplate. A small compass has been inlaid to the comb. The stocks have scattered light nicks and scuffs, most are in the right of the forend and the sides of the wrist. There is one more notable nick on the comb and another in the right-front of the wrist below a cracks. The LOP measures 12 3/4″ from the front of the trigger to the back of the buttplate. The plate has scattered wear, heaviest at the heel, with some light scratches and nicks. Overall, the stocks are in Good-Very Good condition as refinished.

Type of Finish: Blued

Finish Originality: Refinished

Bore Condition: The bore is light gray. The rifling is worn, but visible. There is scattered light erosion and pitting in the bore.

Overall Condition: This rifle retains about 95% of its current metal finish. The new finish is generally strong throughout. There is some finish wear at the muzzle-end of the barrel and magazine tube and thinning finish on the bottom edges of the receiver. There are some scattered minor scuffs and scratches. There is light wear around the saddle ring on the left of the receiver. There are scattered marks under the finish, most appear to be from polishing and there is some minor erosion. The action shows light operational wear. The screw heads range from sharp to tool marked with strong slots. The markings are clear. Overall, this rifle is in about Very Good condition as refinished.

Mechanics: The action functions correctly. The hammer has a half-cock safety position. The trigger is crisp. We did not fire this rifle. As with all used firearms, a thorough cleaning may be necessary to meet your maintenance standards.

Box, Paperwork & Accessories: None.

Our Assessment: This is a Winchester Model 1892 Saddle Ring Carbine made in 1927. The rifle is chambered in .38-40 Winchester and has a 20″ round barrel. This rifle is in about Very Good condition as refinished, appearing to have seen gentle use since it received its new finish. While the bore shows signs of use over the last 95 years, the mechanics are still strong and the gun looks great for its age. The .38-40 Winchester cartridge was based on the popular .44-40 but necked down to about .40 caliber, giving it a little bit higher velocity. It was once a popular round for hunting small-medium game as well as for defense. This rifle should be of interest to the Winchester collectors and would be a great candidate for re-boring and taking back out in the field. Please see our photos and good luck!

Winchester 1892 92 Saddle Ring Carbine SRC .38-40 WCF Lever Rifle, 1927 C&R
Winchester 1892 92 Saddle Ring Carbine SRC .38-40 WCF Lever Rifle, 1927 C&R