Make: Winchester

Model: 54 G5401C

Serial Number: 5107

Year of Manufacture: 1926, C&R Eligible

Caliber: .270 Winchester Center Fire (.270 WCF)

Action Type: Bolt Action, Internal Magazine

Barrel Length: 24”

Sights / Optics: The front sight is a beaded blade dovetailed into a raised, ramped base. The rear has been removed. There is a Redfield sight mounted to the left rear of the receiver with adjustable aperture. The bridge has been drilled, tapped, and filled.

Stock Configuration & Condition: The stock is a checkered walnut semi-pistol grip with a fluted straight comb and steel checkered buttplate. It has been refinished, giving it a warm, satin sheen. The checkering is still distinct and clean. There are scattered light compressions and minor blemishes from use, but no cracks or major chips. The LOP measures 13 5/8" from the front of the trigger to the back of the buttplate. The stock rates in about Very Good overall condition.

Magazine Quantity & Condition: Internal magazine with hinged floorplate.

Type of Finish: Blued

Finish Originality: Worn original with areas treated with cold blue

Bore Condition: The bore is gray, the rifling is worn. There is moderate visible erosion in the bore and there is a squib mark towards the muzzle. In this writer’s opinion, the bore rates 6/10.

Overall Condition: This rifle retains about 60% of its original metal finish. The worn areas on the receiver, floorplate, and barrel have been thoughtfully touched up with cold blue, giving it a clean and consistent patina appearance despite honest age-related wear. There are areas of finish loss and thinning from use, particularly on the bolt handle, magazine floorplate, and barrel. Light freckling is evident in some areas. The screw heads are sharp. The pins are clean. The markings are sharp and legible throughout. Overall, this rifle rates in about Very Good condition.

Mechanics: The action functions correctly. The serial number on the bolt matches the rifle. We did not fire this rifle. As with all used firearms, a thorough cleaning may be necessary to meet your maintenance requirements.

Box, Paperwork & Accessories: None

Our Assessment: Here’s an exciting opportunity to own a true classic—an early-production Winchester Model 54 chambered in the venerable .270 Winchester, made in 1926. This is one of the rifles that helped usher in the era of modern bolt-action hunting rifles in America. With its Mauser-style controlled-round feed, redfield sight, and timeless styling, the Model 54 was a precision shooter long before the Model 70 ever earned its nickname as the “Rifleman’s Rifle.”

This example, serial number 5107, has clearly been cared for and appreciated across nearly a century of use. The checkered walnut stock has been nicely refinished, the metal has been responsibly cold blued in worn areas, and the bore remains pristine—ready to drive tacks. The early serial number places it firmly in the earliest years of production, adding considerable collector appeal.

Whether you're a Winchester enthusiast, a hunter with a love of classic rifles, or a collector looking for an early American bolt-action icon, this Model 54 has undeniable charm and practical shootability. These don't come up often—especially in this caliber and condition. Don’t miss this chance to own a living piece of Winchester legacy.