Winchester Model 1892 Carbine manufactured in 1925. The carbine has a 20-inch round barrel chambered for the .25-20 W.C.F. cartridge, full length magazine and staple mounted saddle ring on the left side of the receiver. The barrel has a blued steel front sight on a steel block base and a folding leaf rear sight graduated to 200 yards ("20"). The upper receiver tang is factory drilled and tapped. The carbine has a full blue finish. The straight grain American walnut stock and forearm are oil finished. The left side of the barrel is roll-stamped: "-MODEL 92-WINCHESTER- 25-20W.C.F.-/-TRADE MARK-" in two lines below the rear sight. The opposite side of the barrel is roll-stamped: "MADE IN U.S.A WINCHESTER REPEATING ARMS CO./-NEW HAVEN. CONN,-" in two lines. The upper receiver tang is roll-stamped: " WINCHESTER/TRADE MARK/MADE IN U.S.A." The oval Winchester "W/P" proofmark is stamped on the top of the barrel and receiver. The serial number is stamped across the bottom of the receiver.

Very fine. The carbine is all original and retains 85% of the blue finish overall. 95% of the original blue is present on the barrel and magazine. The barrel band has half of the original blue finish remaining. The receiver retains 75% of the original finish with flaking of the blue visible on the bottom and edges and some scattered age discoloration. The left side of the receiver has the usual scuff marks caused by contact with the saddle ring. The hammer and trigger retain nearly all of the blue finish, and the lever has some scattered edge wear. The buttplate has the usual contact wear and retains 70% of the blue finish. The barrel and receiver markings are crisp. The stock and forearm are both excellent with minimal handling wear and retain nearly all of the original oil finish. This is a fine looking original example of a Winchester Model 1892 Saddle Ring Carbine.