Winchester offered the stainless steel barrel as an extra cost and later no charge option for the Model 90 rifle between 1927 and 1934. Beaded blade front and elevation adjustable notch rear sights, tenth style barrel inscription with the additional "STAINLESS STEEL" marking, Winchester "WP" proofs on the barrel and receiver at the breech, Third Model receiver with exposed locking lugs, standard markings on the upper tang, and matching serial numbers on the receiver and lower tang. 12 groove slide handle and smooth straight grip stock with blue steel crescent buttplate.

Very fine with 70% original black Japaned finish remaining on the barrel, areas of edge wear and bright silver patina, scattered small scratches, and well defined markings. The receiver has 70% original blue finish with spotting and surface pitting on the upper right side, cycling marks, and patches of brown patina on the underside and trigger guard assembly. The wood is also fine with scattered dings, some deeper dents and rough scratches, and mostly rough brown patina on the buttplate.