'voydryder' - Welcome to the KCA Forum.

You have an interesting model 1896 Krag. The receiver serial number is in the range for some of the model 1896 carbines. Your Stock is a carbine stock that has sadly been reshaped in the comb and wrist area.

The valuable carbine rear-sight is gone and would be costly ($500 - $600) to replace. The carbine hand-guard and correct barrel band are also missing.

It is questionable if your barrel is correct. The crown looks wrong and sight appears reattached, likely to a shortened rifle barrel.

It appears changes were made and possible rebarrelling, long ago, to make it a useful hunting rifle.

I have not seen that rear peep-sight before. It looks like it could be an early version of the Leroy Rice sight. The sight could be of value to a sight collector.

IMHO - Your Krag would be worth $300 - $400, but not, readily restorable.