mark392001:  The gunbroker listing you shared shows how "3rd Worldish" some of the guns cobbled together by Sedgley, Kirk Stokes, and Bannerman were.  The Sedgley on gunbroker utilizes a reworked 1903 Springfield stock.  The barrel band is improvised.  The handguard and rear-sight are 1892 Krag rifle.  The rear peep sight is a 'no drill' Redfield.  It appears Sedgley re-blued the 1896 Krag rifle action with shortened barrel and installed a 1903 Springfield front-sight base to hold a commercial blade.  Such rifles were low cost assemblies of commonly available cheap surplus parts.  They may have been useful "poorboy" alternatives at a time (1920's-30's) when factory guns were a major investment and a Depression was going on.  These improvised sporters are interesting but a poor investment.  They are shunned by most collectors, often over-priced, and often passed off as U.S. Armory rarities.  They are only worth their parts and utility value.  Sedgley may have turned out some better quality 1903 Springfield Sporters.  The Sedgley Krags I've seen have been spartan and crude.