The Spencer carbine receiver has a "Stabler Cut-Off" devise and a base for a saddle ring bar, with no visible markings. The 20 gauge shotgun barrel has a single brass bead front sight and is unmarked. Smooth carbine style forearm and straight grip stock with the buttstock sling swivel base removed.

Good. The barrel has a smooth dark patina and the remaining surfaces have a mixed brown and gray patina with some scattered minor spotting. The lower tang has a contemporary embossed label (RFS25). The freshened wood is very good with a repaired crack on the forearm and a surface chip near the saddle ring bar base, along with some minor handling marks and some splattering of paint.