Hello Everybody, I am new to the forum and am happy to be here.  I had purchased a Krag rifle from a pawn shop five months ago and am very pleased with it, its a great shooter.  From what I can gather this gun is in excellent shape 90% and is %100 all original.

I have one question for you all, this has been bothering me quite a bit.  The metal loop ring that holds the stock and barrel together, right in the middle of the full rifle.  Every time I would shoot the ring would come out of place and move freely.  There is a lanyard ring in the middle of it, original I guess.  Would it be possible to remove the lanyard ring, when tightening there is no slack what so ever.  Just wanted to know if that would be harmful or not to the gun when shooting, thanks guys.

What tanker said.

But, if you don't want to have to worry about driving out the pin and possibly marring your stock, you should simply be able to apply some nice, sticky duct tape inside the band.  Apply the sticky side of the tape to the metal.  Then, with a very sharp razor blade slice the excess tape off that extends past the band.  This should tighten it up unless it is really, really loose.

That is exactly what I was referring to. Now all you have to do is find a good strong piece of steel that diameter+ (for a snug fit) and fab one up. Make sure the exposed end is well rounded over and maybe hit it with a little cold blue and you've got it.