Extremely desirable late 19th Century Winchester Model 1886 Lever-Action Saddle Ring Carbine with .40-65 WCF; Barrel: 22" Round; Full Mag; Straight Grip Carbine Buttstock With Metal Crescent Plate.This lever gun was manufactured at the New Haven factory during the first half of 1898 and represents an exceptional opportunity for the dedicated Winchester enthusiast. The staple large bore offering for Winchester, the '86 was designed by John Moses Browning as the replacement for the 1876 Centennial Rifle and was the basis for the subsequent small frame 1892 and 1894 models.The features are largely standard, and include a 22" round barrel with full magazine beneath, pinned blade front sight and carbine-specific ladder rear sight, straight-grip plain Walnut carbine stock paired with uncapped forend, and the defining stud with saddle ring affixed to the left of the receiver. The gun has seen no restoration or refinish, with the bluing on the barrel having dulled to around 50%, the loading gate, hammer, extractor, saddle ring, most of the screws, and trigger retaining rich original blue, with the surface of the receiver trending toward a classic, purple-tinged bronze patina.The markings are unbuffed, unrefreshed, nicely preserved and correct with the caliber designation on the barrel knox, model on the upper tang, Winchester address at mid-barrel, and serial number as well as patent dates on the lower tang. The Walnut stock is near excellent, having expected handling marks, including a few pressure dents, and old, smoothed-over spots of abrasion. The wood to metal fit is good, with the exception of the toe of the stock at the buttplate, and there is no sign of sanding or refinish, with the wood standing proud of metal at all other points of contact. Mechanically flawless, the action is wonderfully strong, and the bore-bright with unfaded, sharply-edged rifling beneath light oxidation and lint-is graded as excellent, particularly given the vintage. A scarce find at best, the gun remains in condition that is considered ideal by many Winchester aficionados, and this wonderfully honest 1898-dated carbine represents a sound investment that would be a proud addition to any advanced collection.