J.

Welcome to KCA. We enjoy having new people stop by and ask questions about their Krags. Hopefully, we can steer you in the right direction. And Krags are addictive. You can't own just one!

There are different "ladder" rear sights on the Krags. Knowing which one you have is important in answering your question. The hand guards, if yours has one, can dictate which rear sight will fit. All of the official Modeled rear Krag sights have the same screw holes. But, different screws are used for different Model sights and you might not be able to use your hand guard with the Model 1902 rear sight.

We have debated this issue many times before, also. I have found it easier for accuracy to use the Model 1901 rear sight. Just personal preference and , maybe, my eyes. Others do like the Model 1902 rear sight.

Paul on here has stated how he has drilled out the Sgt Peep opening on his Model 1902 rear sight on his Krag and can shoot better with it enlarged. He says that a certain enlargement is legal per Camp Perry rules, if you choose to shoot competitively. I tried this but I still prefer using the ladder of the Model 1901 sight.

As to price of the one you are considering, it could be worth it but we would be able to give you a lot more information if you post pictures and give more info about this specific Krag. $1000 might be a little stiff in some cases and a good buy in others. I am a stickler for a great bore, especially for long distance accuracy. Later Krag rifles tend to have better bores because many later made Krags did not see as much action in wars and battles. Even some pitting, though, can still allow for good accuracy in these beasts!

Below is a picture, taken from the "Photos" page of this website, showing the different Krag hand guards and which rear sights fit them. "R" is for rifle and "C" is for carbine. Some hand guards fit more than one
Krag model.

Thanks for stopping by and hope we can help. There are many opinions here but we all love Krags!

You are correct that it is not original to have such a mix of parts. But, Krags have been rebuilt at the armory and, with so many changes that occurred over their short life span, many Krags have a mix of different parts.

But, having said that, there is absolutely nothing wrong with having mixed parts on a Krag because they are, for the most part, interchangeable and function well together. Many of us have Krags that are different than when they left Springfield Armory and we are quite happy with them. The original AND correct Krags are most of the time more valuable as military firearms.

So, the one you are looking at may be fine for an average collector and for shooting purposes. You can learn a lot from buying and using any Krag. But, ask questions here first, get a Poyer's book (around $25) from ebay, and learn about them before investing too much. Many of us have over paid for a Krag here and there but they are still fun and may go up in value.

Sporterized Krags have a much lower value but are still often good shooting and hunting rifles.

If you can get pictures that would help us to evaluate it better.

Good luck.

Sounds like a RED flag warning to me.  I would continue my search elsewhere. 
Vic