I have a '92 that was manufactured in early 1900's then rebarreled in the early 20's by Winchester. The guy I got it from had purchased it from the original owner back in the 60's. He ran an apple orchard and claimed to have shot quite a few deer and other varmints with it. It is chambered in .32 WCF and is a joy to shoot, although just a little tricky to reload due to very thin case mouth. The original owner put a real nice Redfield peep sight on the receiver which dropped it collector value considerably. It looks like along with the re-chambering that they reblued the rifle which further takes away from its inherent collectible value. The only thing I believe you may find is that the barrel probably is set up for lead bullets and may not deliver its best accuracy potential with a jacketed bullet. My 32-20 works best with cast lead bullets and under 100yds is a real tack-driver, its not often you run across these in original chambering that have pristine barrels due to use of black powder and lack of cleanliness by the user. I'd say if you like shooting a lever action I'd use it and enjoy it, with smaller caliber rifles its all about shot placement and the more you use it the more comfortable you'll get with it. I've shot grouse and turkeys with my 32-20, its perfect for taking their heads off at given ranges.
