Manufactured in 1901. This is an example of a Winchester Model 1886 with a casehardened receiver, which Winchester discontinued in 1901. The top of the barrel is marked with the two line address ahead of the rear sight and "45-90/W.C.F." at the breech. The upper tang is marked "-MODEL 1886-", and the lower tang is marked with the two line, two patent dates directly behind the trigger and the serial number behind the lever. Pinned brass blade front sight and folding ladder rear sight graduated to 200 yards. Saddle ring and stud on the left side of the receiver. Mounted with a smooth walnut forearm and straight grip stock with a carbine buttplate.

Fine as professionally restored overall. The barrel and magazine retain 80% thinning dark blue finish. The bolt retains 99% bright blue finish. The hammer, lever and receiver retain 95% bright case colors with some smooth gray patina on the underside. The markings on the receiver have been re-engraved prior to refinish. The buttplate has a dark patina. The wood is also very good as refinished showing a few minor dings and handling marks.