Winchester 1886

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I am hankering after a big bore lever action of the Browning 1886 design. The available original options are pre-war nickel steel field grade Winchesters, at around $5,000 for a decent shooter in 45-70 or 45-90. Recent production Miroku guns under the Winchester and Browning names cost a fraction of that amount, and seem to be somewhat stronger and better made. I am ruling out the former variation with its rebounding hammer and tang safety, but the latter seems to be at least halfway authentic. Perhaps the most attractive option in terms of sheer quality is the pre-war Winchester 71, with deluxe rifles available for around $4,000 in excellent condition. But since I do not relish the thought of paying $3 per round of .348 Winchester ammo, my Winchester 71 would have to be retrofitted with a 45-70 caliber conversion.

Hence my inquiry: would it be possible or advisable to convert a pre-war deluxe Winchester 71 in this fashion? I would only consider a caliber conversion if it does not require any irreversible modifications.
 
I don't know what you would have to have done to convert a .348 to .45-70besides a barrel change. The .348's rim diameter is larger and the bolt face and extractor might not serve .45-70; it is a tapered bottleneck and the lifter might not be the same. And you would surely be pilloried by the collectors for altering a low production rifle.

If you want something to shoot, I think the Jap Browning would be the best choice for reasons you give. Fewer changes from original than the Winclester labeled Mirokus, less expensive than original, probably better metal, maybe better workmanship. No munging up an original.

I gather a Marlin .45-70 would not give the same experience.

And handloading .348 is beyond reason?
 
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