The No. 54 was manufactured between 1897 and 1916 and was specifically designed for precision target shooting. This rifle is built on the 44-1/2 action and has the earlier "J. STEVENS ARMS COMPANY/CHICOPEE FALLS. MASS. U.S.A." marking on the upper right barrel flat near the breech indicating manufacture near the end of production in 1915 or 1916. The barrel also has a globe front sight, scope mounting blocks, "22-L.R." on the upper left barrel flat, and the matching serial number visible on the bottom flat forward of the forearm. The action has scroll engraving flanking a scene of a buck on the right and a bear on the left, is marked with "54 0" on the front, and is fitted with an adjustable peep sight on the upper tang, double set triggers, and a spurred lever with figured walnut panels. The nicely figured forearm Schnabel forearm has scallop border checkering and is currently mounted with a finger groove palm rest. An additional disk style palm rest with nickel plated and "13" marked base is also included. The buttstock also has scallop border checkering, a high comb, large cheek rest, nice flame figure, and a nickel plated Swiss buttplate.