Manufactured from 1922-1938, the top flat of the barrel is marked with the two-line Marlin address and patent and the caliber marking is on the upper left at the breech. The upper tang is marked "Marlin/MOD. 39" and the later HS (high speed) prefix serial number is on the lower tang. It has a modern made front globe sight with windage and spirit level, elevation adjustable rear sight, MSA folding tang peep sight, desirable casehardened takedown receiver, and smooth forearm and pistol grip stock with a hard rubber buttplate.

Exceptionally fine, retaining 97% original blue finish with some minor handling marks. The receiver retains 95% plus vivid original case colors. The wood is very fine with a horizontal split visible at the toe, non-factory replacement buttplate, some scattered handling marks and most of the original varnish remaining. Mechanically excellent.