Only 700 of these rifles were manufactured in the early 1860s, and all but 100 were purchased for use by the U.S. Navy. Most of the rifles were used to arm Marine guards aboard ships, and some were used on gunboats on the Mississippi River. This one has no inspection marks suggesting it was one of the few sold on the open market. It was still likely purchased for use in the war. It is has standard markings and features and includes an "1861" dated Collins & Co. sword bayonet and leather scabbard with brass fittings.

Very good as arsenal refinished with 25% blue finish remaining, mostly gray patina on the balance, aged patina on the brass, some slight pitting, some chips along the edges of the forearm, general minor dings, and partially faded markings. Some of the fittings at the throat are missing, but the scabbard is otherwise fine. The bayonet is very good and has reddish aged patina on the hilt, faint markings, moderate edge wear including chips, some pitting, and gray patina. The otherwise very good scabbard is missing the stud and staple on the brass throat. Mechanically excellent. These Sharps & Hankins rifles are far rarer than the better known Model 1862 carbines and are important pieces missing from many Civil War collections.