"beaten by one increment" only means his maximum bid was at some level higher than yours.  His maximum could have been $1000 or more higher than yours so if you had bid the next increment, the machine would have only continued to raise his bid to stay $25 higher than yours.  That could have gone on all night and you still would have been "beaten by one increment".  At least that's how I rationalize things every time I "lose" something.

Not to come to gloat, but I came across this post as I searched for thing related to early Krags. I happen to be the guy that is writing the check on this one. I tossed in a bid to take it up to 850 to try and see where it really was, but then someone else took it up over 1000. Once it got to that point and the winning bidder hadn't changed I assumed that you knew what it really was, and that I couldn't get it at normal gunbroker Krag prices, which typically seem low to me. It was still in a place where I could try and I figured this might be my only chance to get an unaltered 1892. It will complete the spectrum of Krag rifles in my collection save for a 1st Type 1892, as I have a 92/96, 96, and a 98 that I rebuilt from a sporter. Once it arrives I am going to have to do some checking with SRS to see if they have anything on it, or the others that I have for that matter.

Thanks, once I get it hopefully I can get some pictures that are in a better light. I will make sure to post them here, I will probably need the help in identifying all the details for this one. The 92/96 that I have is 18902. It still has a 92 handguard and a non slotted upper band.

And now, a word from the seller!

"I just read about the modifications that were done. I had no idea. I don't specialize in Krag's, it was just sold to me by a local gun shop owner as a junker for 200 bucks."

So, Danny got a bargain, the seller pocketed a grand, and the "local gun shop owner" gets to put on the dunce hat and sit in the corner sucking his thumb. Wonder what the little old lady who brought it in to the LGS received? I don't really want to know - but I think that, just maybe, the right guy got screwed in this case. Too bad he'll never know.

Finally got some pictures, follow the link. (You need to Login to view media files and links)

Concerning your rod channel, is there a 1/4" bit of wood at the very rearward end of the channel just in front of the rear barrel band? Also, I noticed earlier that the cocking piece sear is the correct type. Is the Front sight a 92 or a 96?

Here are some more of the features that I got pictures of if this helps id'ing some parts. I know the main ones, but not what to look for on the bolt and magazine and such, (You need to Login to view media files and links)

@ Fred G, There is some wood there, if you can make it out in the photo that butlersrangers posted.

@ butlersrangers I agree the parts on it will stay as is for now they look right for the gun. That seems to be the consensus as well in the discussion on MDS where I also posted this.