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My guess would be a little more, say $4,500 - $5,000. The cartouche on the left flat of the stock is correct for conversions and the carbine appears practically unissued. These usually show signs of hard use because their service life continued long after the adoption of the .45-55 carbine in 1874. .50-70 Sharps carbines were carried by the packers on the expedition into Old Mexico in 1886 that resulted in Geronimo's surrender and Sitting Bull was shot with one by Indian police, so they were in government service into the 1890s.
 
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