Spencer Repeating Rifle Co. manufactured the Model 1865 carbines in 1865-1866, serial numbered in the approximate range 1-23000, chambered for use with 56-50 "50 Spencer" rimfire. Spencers continued to be used by the U.S. Army in the American West after the Civil War during various conflicts with Native American tribes until they were replaced by the Springfield Trapdoor rifles and carbines. Some of these Spencer carbines were sold as surplus to France for use during the Franco-Prussian War and that is likely the case with this example given the 1890s German "crown/V" proofs stamped on the top of the barrel and frame at the breech. It otherwise has the standard markings and features of the Model 1865 Spencers and is equipped with the Stabler cut-off. Four small carved "kill" notches are located at the toe of the stock.

Very fine, retains 80% plus original blue finish on the barrel with a patch of light pitting visible on the left, 70% original case colors with some scattered light freckling, and scattered areas of dried grease. Wood is fine as sanded and re-oiled, with defined edges, faintly visible carvings on the left and bottom of the buttstock, some scattered mild scratches and dents, a few small chips at some of the edges, and visible cartouches. Mechanically excellent.