What does NMS on the underside of a model 54 Winchester rifle mean?
Are you sure that it is "NMS" and not actually "MNS". All of the Model 54 barrels I have seen were marked "MNS" which is short for Midvale Nickel Steel
I am assuming that you mean 1894 rifle,not 1884.Your rifle which was made in 1913 will bring between 450-2,000 dollars depending on the features present on your rifle,and the amount of original finish remaining.It would be better if you have this rifle examined by a member of the Winchester collectors assoc.They would be able to give you a defined value of your Winchester model 1894 rifle.
I could not assign a value to your Winchester rifle without knowing the model number(it is not a model 1864,winchester did not make a model 1864).I also need to know the overall condition of your rifle,and a serial number to date the production year.When you say 32,did you mean a 32WCF(32-20 caliber) or do you mean a .32 Win special caliber?Please re-post your question with the above needed information,to get a accurate answer to your…
first of all Winchester never made a rifle in 34 Winchester special,I am assuming that you mean 32 Winchester special.If that is the case it will use 32 Winchester special ammo.I would advise you to have a competent gunsmith go over the rifle and ensure that you have the right caliber and it is safe to shoot before going to the range.