This rifle is very similar to the military carbine Maynard made for the Civil War. They were thought to have pulled actions that would not pass the rigid inspections by the Army Officers who inspected them. Most defects appear to be slight surface checks from the case hardening process.
very nice rifle, I have one ( not near as nice )mine has beach front sight and take down lever rather than screw,lot of fun to shoot and easy to clean,great photos.