March 31, 2009
Offlinemrcvs said
So, what would you say the average Model 1866 is like?
How good, how bad?
And what standards should you strive for to add a nice example to your collection?
And, what might that cost?
Try to find one that hasn’t been polished. A nice bore would be nice. As would nice wood and a decent amount of bluing. I bought mine so many years ago that I have no idea what they are worth now. But the market for the average Henrys and 66’s has come down.
June 4, 2017
OnlineWhen I started collecting 1866s I asked senior collectors and large dealers that same question. To my surprise they all had the same answer, the brass first, wood second, and steel last. The brass (gun metal) has to have a natural aged darkening hopefully with the butterscotch look. Cleaned brass takes years to turn naturally. Artificially aged brass is a no go. The wood has to be numbered, original, and fit. The barrel and tube does not need to be nice blue like found on a newer gun. Turned blue, patina, or even a natural aged brown will do. Action has to function, bore is not that important. Being rim fire it’s probably a gun you will not shoot.
These are old well used guns so your wallet will determine condition. Do not settle for a made up, restored, or abused gun. Bubba has been working on these since they were made so any original gun is rare.
Muskets are cheap and hard to sell, collectors prefer carbines and rifles with brass trim. I have had good luck buying nice 66s at Tulsa under the money. The old collector that’s cashing in remembers what he paid for it back when and sometimes sells real reasonable for cash. The big dealers know what they can get and usually get it. As for auction companies, you have to have the gun in your hand, to much money to take a chance on an old well used gun unless you’ve seen it. T/R
September 22, 2011
OnlineTR said
When I started collecting 1866s I asked senior collectors and large dealers that same question. To my surprise they all had the same answer, the brass first, wood second, and steel last. The brass (gun metal) has to have a natural aged darkening hopefully with the butterscotch look. Cleaned brass takes years to turn naturally. Artificially aged brass is a no go. The wood has to be numbered, original, and fit. The barrel and tube does not need to be nice blue like found on a newer gun. Turned blue, patina, or even a natural aged brown will do. Action has to function, bore is not that important. Being rim fire it’s probably a gun you will not shoot.
These are old well used guns so your wallet will determine condition. Do not settle for a made up, restored, or abused gun. Bubba has been working on these since they were made so any original gun is rare.
Muskets are cheap and hard to sell, collectors prefer carbines and rifles with brass trim. I have had good luck buying nice 66s at Tulsa under the money. The old collector that’s cashing in remembers what he paid for it back when and sometimes sells real reasonable for cash. The big dealers know what they can get and usually get it. As for auction companies, you have to have the gun in your hand, to much money to take a chance on an old well used gun unless you’ve seen it. T/R
This is very helpful. One I’m aware of has the proper appearance of the brass, it’s the bluing, or mostly lack thereof, that I’m concerned with—and makes me hesitate, thinking I should hold out for one better. Maybe not…
April 1, 2005
Offlinemrcvs said
TR said
When I started collecting 1866s I asked senior collectors and large dealers that same question. To my surprise they all had the same answer, the brass first, wood second, and steel last. The brass (gun metal) has to have a natural aged darkening hopefully with the butterscotch look. Cleaned brass takes years to turn naturally. Artificially aged brass is a no go. The wood has to be numbered, original, and fit. The barrel and tube does not need to be nice blue like found on a newer gun. Turned blue, patina, or even a natural aged brown will do. Action has to function, bore is not that important. Being rim fire it’s probably a gun you will not shoot.
These are old well used guns so your wallet will determine condition. Do not settle for a made up, restored, or abused gun. Bubba has been working on these since they were made so any original gun is rare.
Muskets are cheap and hard to sell, collectors prefer carbines and rifles with brass trim. I have had good luck buying nice 66s at Tulsa under the money. The old collector that’s cashing in remembers what he paid for it back when and sometimes sells real reasonable for cash. The big dealers know what they can get and usually get it. As for auction companies, you have to have the gun in your hand, to much money to take a chance on an old well used gun unless you’ve seen it. T/R
This is very helpful. One I’m aware of has the proper appearance of the brass, it’s the bluing, or mostly lack thereof, that I’m concerned with—and makes me hesitate, thinking I should hold out for one better. Maybe not…
Ian – its like every other model of the lever action Winchesters – originality and condition greatly influence the price. Look at the condition and fit of the wood carefully because so many have been taken apart or are parts guns. Once you see the aged, mustard brass of a 66 that is right, you will never forget it. Good original bluing is hard to find and it will likewise drive up the price. I have known you to be a deep thinker with a good eye and I am confident that you will find what you are looking for. Fifty years ago my old friend Tommy Rholes told me that appreciation in Winchesters would be in brass and case hardening. If I was starting over, I would collect 19th century model, antique specimens only. Here are some photos of a super carbine which my wife gave me for Christmas 30 years ago. Look at the mustard colored brass, wood to metal fit and barrel blue – rifle or carbine, this is what you are looking for.

April 1, 2005
OfflineChuck said
One point that we haven’t mentioned is the barrel address. Any 66 with the early Henry barrel address is worth many thousands more than the later Winchester address.
“Henry marked” does get expensive – Merz just sold one that was pretty rough and it was still $22,500.00.

April 1, 2005
Offlinetim tomlinson said
Burt, Wonderful carbine! Tim T.
Tim – it is the best I have ever seen – the burl walnut used on those stocks makes you drool. To change the subject a bit, I was just scheduling an appointment in April and when looking at my WACA calendar I noticed the photo of the Model 1901 shotgun – where did you ever get an 01 with that much condition – you are one lucky boy!

September 22, 2011
OnlineBurt Humphrey said
tim tomlinson said
Burt, Wonderful carbine! Tim T.
Tim – it is the best I have ever seen – the burl walnut used on those stocks makes you drool. To change the subject a bit, I was just scheduling an appointment in April and when looking at my WACA calendar I noticed the photo of the Model 1901 shotgun – where did you ever get an 01 with that much condition – you are one lucky boy!
I should have bought that 1901. It was very tempting!
December 9, 2002
Offlinemrcvs said
Burt Humphrey said
tim tomlinson said
Burt, Wonderful carbine! Tim T.
Tim – it is the best I have ever seen – the burl walnut used on those stocks makes you drool. To change the subject a bit, I was just scheduling an appointment in April and when looking at my WACA calendar I noticed the photo of the Model 1901 shotgun – where did you ever get an 01 with that much condition – you are one lucky boy!
I should have bought that 1901. It was very tempting!
Pictures of this wonderful 1901 would be nice to see. 
Tony
April 1, 2005
OfflineAnthony said
mrcvs said
Burt Humphrey said
tim tomlinson said
Burt, Wonderful carbine! Tim T.
Tim – it is the best I have ever seen – the burl walnut used on those stocks makes you drool. To change the subject a bit, I was just scheduling an appointment in April and when looking at my WACA calendar I noticed the photo of the Model 1901 shotgun – where did you ever get an 01 with that much condition – you are one lucky boy!
I should have bought that 1901. It was very tempting!
Pictures of this wonderful 1901 would be nice to see.
Tony
look at the 2026 WACA calendar – when you get to April, there it is. She is a beauty! There are not enough of them left for every collector to have one. The 1887’s are also scarce – I like them better becasue they are antique and have the case hardened frame.
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April 30, 2023
OfflineOn the 1866, if you’re really into originality, make sure it’s not been converted from .44 rimfire to .44 centerfire, quick pic or look at front face of the bolt will tell you that, and it’s easy to spot…for some folks it doesn’t matter either way. Mine’s still in rimfire config and I like that, even if it will likely never be shot again…by me, at least!
December 9, 2002
OfflineBurt Humphrey said
Anthony said
mrcvs said
Burt Humphrey said
tim tomlinson said
Burt, Wonderful carbine! Tim T.
Tim – it is the best I have ever seen – the burl walnut used on those stocks makes you drool. To change the subject a bit, I was just scheduling an appointment in April and when looking at my WACA calendar I noticed the photo of the Model 1901 shotgun – where did you ever get an 01 with that much condition – you are one lucky boy!
I should have bought that 1901. It was very tempting!
Pictures of this wonderful 1901 would be nice to see.
Tony
look at the 2026 WACA calendar – when you get to April, there it is. She is a beauty! There are not enough of them left for every collector to have one. The 1887’s are also scarce – I like them better becasue they are antique and have the case hardened frame.
Burt,
I did take a peak here online, and you’re pictures do it justice! 
Just a magnificent piece!
Thanks for taking the time to post up! 
Tony
September 19, 2014
OnlineBurt, I am twice blessed of late. Its something that occasionally happens if you wait and look long enough! I have one photo of the 1901 with a Chesapeake Bay Retriever in the foreground. She was “helping” with the photography. She loves to help at whatever I am doing. My Golden, on the other hand, gets bored, wanders off and gets in trouble. Tim
April 1, 2005
Offlinetim tomlinson said
Burt, I am twice blessed of late. Its something that occasionally happens if you wait and look long enough! I have one photo of the 1901 with a Chesapeake Bay Retriever in the foreground. She was “helping” with the photography. She loves to help at whatever I am doing. My Golden, on the other hand, gets bored, wanders off and gets in trouble. Tim

keep drooling Tim – at your age it is ok. I am glad you like the 01 and 66.

September 22, 2011
OnlineThis was the rifle that inspired this thread. Sold for $13,310, including buyer’s premium.
The reason for this thread was I was trying to figure out if it’s average for everything like it out there, or less! In the end, I decided had I won this rifle, the condition would prove to be a problem for me and I would become unhappy with the rifle. I am better served by holding out for something with more condition, knowing it will cost more.
Had I decided to bid on this rifle today, my bid in the $6000 to $7000 range, not including premiums, would have been unsuccessful, anyway.
November 7, 2015
OfflineLooks like they sold other 1866’s, is the market improving or did they have multiple bidding wars? Good luck on your quest, I don’t think this is the gun you’re looking for.
Mike
June 4, 2017
OnlineTXGunNut said
Looks like they sold other 1866’s, is the market improving
Mike
The market for nice 1866s and early Colt SAA is strong. I have been contacted by dealers wanting to buy or trade into nice, honest, original carbines or octagon rifles. I’m surprised the one mrcvs’s was looking at, being a late one with iron trim brought that kind of money. I can not even imagine what Burt’s 66 is worth.
I will be looking to buy in Tulsa. T/R
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