Winchester Model 1892 Saddle Ring Carbine 20” .32 WCF Lever Rifle 1928 C&R
SOLD FOR: $1,030.00
LSB#: LSB250601SP162
Make: Winchester Repeating Arms
Model: 1892 Saddle Ring Carbine
Serial Number: 995230
Year of Manufacture: 1928
Caliber: .32-20 W.C.F
Action Type: Lever Action, Tubular Magazine Fed
Markings: The left side of the barrel is marked “-MODEL 92-”, “WINCHESTER / -TRADE MARK-”, “-32 W.C.F.-”. The right side of the barrel is marked “MADE IN U.S.A.WINCHESTER REPEATING ARMS CO. / –NEW HAVEN.CONN.-”. The top tang is marked “WINCHESTER / –TRADE MARK– / -MADE IN U.S.A.-”. The top of the barrel and receiver are each marked with the Winchester WP proof.
Barrel Length: 20”, Round
Sights / Optics: The front sight is a beaded blade pinned to a raised block integral to the barrel.The rear sight is a ladder sight dovetailed to the barrel presenting a fixed u-notch when down and a sliding u-notch when up. The tang is drilled, tapped, and filled for a tang sight (none present).
Stock Configuration & Condition: The stocks are 2-piece smooth wood with banded forend, straight grip, straight comb and steel carbine-style buttplate. The stocks display modest handling wear. There are no chips or cracks. There are two filled sling stud holes in the belly of the buttstock and bottom of the forend. The LOP measures 12 3/4? from the front of the trigger to the back of the buttplate. The plate has gone to a moderate patina with surface erosion. Overall, the stocks are in about Fair condition as refinished.
Type of Finish: Blue
Finish Originality: Refinished
Bore Condition: The bore is mostly bright with defined rifling. There is some minor scattered erosion intermittently throughout the bore. In this writer’s opinion the bore rates 6/10.
Overall Condition: This rifle retains about 60% of its current metal finish. The balance of the finish shows thinning on the leading edges and at the muzzle, intermittent oxidation, and patina. Most of the receiver has worn to white and taken to a light patina. The action shows operational wear. The screw heads range from sharp to tool marked with usable slots. The markings are clear. Overall, this rifle is in 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 Winchester Model 1892 Saddle Ring Carbine, manufactured in 1928 and chambered in .32-20 WCF, is a classic working gun from one of the most enduring lever-action designs in history. The saddle ring configuration was favored by riders, ranch hands, and trappers for its portability and quick handling, while the .32-20 cartridge provided a mild-recoiling yet effective round for small game, varmints, and even light deer hunting at close range. The 1892’s compact action, designed by John Browning, is well-known for its strength and smooth operation, making it a favorite for both field use and sport shooting for over a century.
This example has the character of a rifle that’s seen real service, with a refinish, honest handling wear, and filled sling stud holes that suggest it was adapted for practical use in the past. The bore remains serviceable at 6/10, and the mechanics are sound, ensuring it is still a functional shooter as well as a collectible piece. For Winchester enthusiasts, lever-gun collectors, or those looking for a vintage carbine with genuine working history, this 1928 Model 1892 offers both nostalgia and utility in a handy, saddle-ready package. Please see our photos and good luck on your bid! – L.S.
