The spiritual successor to the Model 1873, the Model 1892 was very popular in the west for the same reason its ancestor was, its ability to be paired in caliber with a Colt Single Action Army revolver. While packing less power than the Model 1894, people from all walks of life valued being able to carry and having to resupply only one type of ammunition. Manufactured in 1904, the top of the barrel is marked with the two-line address/patent date ahead of the rear sight and "38 W.C.F." at the breech. The upper tang is marked with the three-line model, maker, and trademark information, and the serial number is marked on the underside of the receiver. It's fitted with a pinned blade front sight, folding ladder rear sight, saddle ring on the left, and a peep sight on the upper tang. Mounted with a smooth forearm and straight grip stock with a carbine buttplate. The included Winchester Gun Museum letter confirms the current configuration as well as shipment on 30 September 1904.

Very good, retaining 25% of the original blue finish on the barrel and receiver with the balance having thinned to mostly a smooth grey patina and some scattered patches of light pitting under the blue on the refinished magazine tube. The re-oiled wood is also very good with minimal handling marks, showing the value it had to its original owner, and couple faint hairline age cracks in the forearm. Mechanically excellent.