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I’m not a fan of gumwood stocks, but this is a spectacular .38-55 carbine.
Yep very nice, with the added bonus of knowing you are not buying a bogus gun as Austin knows his Winchesters and is as honest as they come.
Winchester Model 1873 44-40 circa 1886
November 7, 2015
Online
Very nice indeed, suspect that price will go up a fair bit before it’s all over. I may even help it along.
That appears to be a $5,000 + carbine. I too have one with a gumwood stock. Actually near mint, but for some receiver flaking. Mine is PR’d at July 1927. Nope, have never fired it. Big Larry
Big Larry said
That appears to be a $5,000 + carbine. I too have one with a gumwood stock. Actually near mint, but for some receiver flaking. Mine is PR’d at July 1927. Nope, have never fired it. Big Larry
Your opinion on the value of this carbine, Big Larry, is greatly appreciated. Thank you.
James
That is indeed a very fine condition SRC, and it is easily worth close to double what the current bid amount is… it will be interesting to see what it eventually sells for (and a new data point for the future Red Book edition).
My only comment about the auction is the statement “Chambered in the rare and highly desirable 38-55 cartridge” (I emphasized the word rare by putting it in bold italics). The true fact is that the 38-55 cartridge chambering is by no stretch of the imagination “rare” in the Model 1894. I hate to pick on George Madis’ published works again, but he was very sorely off the mark in his assertion that the 38-55 was/is rare in the Model 1894, and that just 12,197 were made/sold in the first 1,000,000 Model 1894s manufactured (as stated in The Winchester Handbook, pg. 147). If you read the all of the text on pages 146 and 147 of said book, it is readily apparent that none of the information is accurate or even remotely close to the real numbers as shown in the ARMAX survey.
Per the ARMAX survey, and my own research survey, the caliber numbers for serial numbers 1 – 1,000,000 are as shown in the tables below;
For the 38-55, the total quantity is close to 140,500 or just over 14% of the total production. Of that number, approximately 26,815 were Carbines. Simply put, the 38-55 is neither rare or even uncommon. There is no argument that it is the most desirable caliber within the Model 1894 production.
| ARMAX Survey | |||
| Caliber | Qty | % | |
| 38-55 | 80,741 | 22.808% | |
| 32-40 | 40,023 | 11.306% | |
| 30 WCF | 162,658 | 45.949% | |
| 25-35 WCF | 36,999 | 10.452% | |
| 32 WS | 31,052 | 8.772% | |
| Blank | 2,067 | 0.584% | |
| Other | 275 | 0.078% | |
| Rec/Parts | 184 | 0.052% | |
| Total | 353,999 | ||
| Survey for Serial Numbers 354000 – 1000000 | |||
| Caliber | Qty Surveyed | % | Extrp Qty |
| 38-55 | 282 | 9.261% | 59,827 |
| 32-40 | 254 | 8.342% | 53,886 |
| 30 WCF | 1,659 | 54.483% | 351,959 |
| 25-35 WCF | 317 | 10.411% | 67,252 |
| 32 WS | 529 | 17.373% | 112,228 |
| 38-55/30 WCF (TD 2 Bbl set) | 1 | 0.033% | 212 |
| 38-55/32 WS (TD 2 Bbl set) | 3 | 0.099% | 636 |
| Total | 3,045 | 646,001 | |
WACA Historian & Board of Director Member #6571L
This same carbine sold at an I collector auction a few weeks ago on March 4, 2017 for about $3,750 total.
CJS57 said
This same carbine sold at an I collector auction a few weeks ago on March 4, 2017 for about $3,750 total.
The seller did well in the first auction. I am sure he bought the carbine with the intent to resell it. He should make a tidy profit on it. Good for him. Big Larry
Big Larry said
The seller did well in the first auction. I am sure he bought the carbine with the intent to resell it. He should make a tidy profit on it. Good for him. Big Larry
+1
Big Larry said
That appears to be a $5,000 + carbine. I too have one with a gumwood stock. Actually near mint, but for some receiver flaking. Mine is PR’d at July 1927. Nope, have never fired it. Big Larry
You nailed the market value, Big Larry!
Here’s another 38-55 carbine from Austin. What say you on this ‘un?! 
James
jwm94 said
You nailed the market value, Big Larry!
Here’s another 38-55 carbine from Austin. What say you on this ‘un?!
James
Yes, you and Bert both.
I have one 94 SRC in 38-55 SN 810946, has half magazine…causes me to wonder the scarcity, if any, of the shorter (not button) magazine…
WACA Member #304
Captain Kummok said
I have one 94 SRC in 38-55 SN 810946, has half magazine…causes me to wonder the scarcity, if any, of the shorter (not button) magazine…
Please post a picture of it. Is it standard (other than the 1/2 mag) ?
The “button” magazine was exclusive to the “Rifle” variation, as it was retained by the nose cap. The Carbines used the same transverse screw (through the rear band) to retain all magazine lengths.
In my survey, I have recorded (100) SRCs in 38-55, and of that number, (16) have a 1/2 magazine. The 2/3 magazine length is the hard to find length in 38-55 thus far, with just (3) in my survey.
Bert
WACA Historian & Board of Director Member #6571L
Bert H. said
Captain Kummok said
I have one 94 SRC in 38-55 SN 810946, has half magazine…causes me to wonder the scarcity, if any, of the shorter (not button) magazine…Please post a picture of it. Is it standard (other than the 1/2 mag) ?
…
Bert
WACA Member #304
Your SRC actually has a 2/3 magazine versus a 1/2 magazine.
Bert
WACA Historian & Board of Director Member #6571L
Bert H. said
Your SRC actually has a 2/3 magazine versus a 1/2 magazine.Bert
I reckon that makes it #4 in your survey then…need anymore info for that?
WACA Member #304
Captain Kummok said
I reckon that makes it #4 in your survey then…need anymore info for that?
It does, and No I do not. The 2/3 magazine on a Carbine in the 38-55 caliber is tied with the 25-35 as being the least common.
In my survey, I have recorded the following numbers of Carbines with the 2/3 magazine length;
25-35 = 4
38-55 = 4
32-40 = 5
30 W = 30
32 W = 39
Bert
WACA Historian & Board of Director Member #6571L
Bert H. said
It does, and No I do not. The 2/3 magazine on a Carbine in the 38-55 caliber is tied with the 25-35 as being the least common.
In my survey, I have recorded the following numbers of Carbines with the 2/3 magazine length;
25-35 = 4
38-55 = 4
32-40 = 5
30 W = 30
32 W = 39
Bert
Bert,
The sample is probably too small to be meaningful but is the “rarity” of the 2/3 length magazine proportional to the number of carbines in each caliber?
Michael
Model 1892 / Model 61 Collector, Research, Valuation
Michael,
I will have to do some sorting in my spreadsheet to come up with all of the numbers. Thus far I have recorded nearly 1,700 Carbines (all calibers) in the 354000 – 1000000 serial number range. I will run the numbers by caliber and magazine length (Full, 1/2, and 2/3 lengths).
Bert
WACA Historian & Board of Director Member #6571L
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