Manufactured in 1932, the first year of use for the "HS" serial number prefix, which continued in use until 1939 and the introduction of the Model 39A. Though never officially advertised as an available variation for the Model 39 like it was in the earlier Model 1897, there are a few known examples of these short barreled "Bicycle Rifle" 39s that were special ordered from the Marlin Factory. The top flat of the barrel on this example has the standard two-line Marlin Firearms Corporation address and patent mark, while the caliber marking is on the upper left flat. The model marking is on the upper tang and the serial number is on the lower tang, with "3424" repeated in the stock inlet. It is fitted with Beach combination front sight, a Lyman two-leaf rear sight, and a Lyman peep sight mounted on the upper tang, all of which were likely special ordered. The receiver has three factory drilled and tapped holes with filler screws in place, two on the left and one on top. It is mounted with a smooth forearm and pistol grip stock with a checkered Marlin hard rubber buttplate. The consignor states that this rifle was verified by noted Marlin expert Harvey Frakes.

Exceptionally fine, retains 95% plus of the original blue finish with some light edge wear and 85% of the vibrant original case colors with the balance having faded to mostly a grey patina with some scattered patches of freckling. The wood is excellent with a few scattered minor handling marks. Mechanically excellent. This is a rare "Bicycle Rifle" variation of Marlin's popular Model 39 in exceptionally fine condition!