I have a Winchester 1886 in .40-82 that was made in approx 1890 that has some different barrel markings from others I have seen. It is a round barrel standard rifle length. The lines surrounding the markings are more like a sideways ‘Y’ than a dash. Others 1886 Winchesters I have seen had the dashes enclosing the markings.
The above picture shows the markings.

Bert H.
Kingston, WA
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April 15, 2005

The sideways “Y” was used for all Winchester round barrel address markings, and on all models in production at the time when your Model 1886 as manufactured. I have seen many dozens of Model 1885 Single Shot rifle barrels with the exact same style marking.
Bert
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