Manufactured in 1926. The left rear of the barrel is marked "-MODEL 92-WINCHESTER/-TRADE MARK- 25-20 W.C.F.-", the top of the barrel and receiver at the breech are marked with the Winchester oval proof, the upper tang is marked "MODEL 1892/WINCHESTER/TRADE MARK REG. IN U.S. PAT. OFF." and the serial number is marked on the bottom of the receiver. Pinned brass blade front sight and folding ladder rear carbine sight graduated to 200 yards, full length magazine, saddle ring and staple on the left rear of the receiver and mounted with a smooth walnut forearm and straight grip stock with a steel carbine buttplate.

Fine. The barrel and magazine retain 80% original blue finish with thinning to a plum patina. The receiver has a smooth dark brown patina with scattered traces of original blue finish. The lever and buttplate have a smooth dark patina. The wood is very fine with a small shallow chip on the left side at the receiver, and overall a few minor dents and scratches. The markings are crisp and clear. The action is excellent.