Manufactured in 1916. Pinned blade and folding ladder sights with full magazine and two barrel bands. The left side of barrel has the two line Winchester address/patent date marking, with "38 W.C.F." at the breech and the Winchester oval proof on top of the barrel and receiver at the breech. The upper tang has the three line model/Winchester/trademark information and underside of the frame is marked with the serial number. Blue finish, saddle ring staple and ring mounted on the left side of the receiver and mounted with a smooth walnut forearm and straight grip stock with a steel carbine buttplate.

Fine. The barrel and magazine tube retain 40% original blue finish with a smooth brown patina. The receiver retains 30% original blue finish, mainly around the saddle ring and protected edges, with a smooth brown patina on the balance. The lever and buttplate have a smooth mottled brown patina. The wood is very good with a series of small gouges on the left side of the stock and overall scattered minor dings and scratches. The markings are clear and crisp. The action is excellent.