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· Premium Member
1,970 Posts
From your description I think you have what was the standard rear sight on many models of Savage/Stevens rifles of the time yours is from - the No 19. The sight was designed to work well with a peep sight. The fold down feature alowed getting it down out of the line of sight when using the peep sight. The wheel in the center is a windage adjusment - the peep sight would also have windage and this allowed the sights to be lined up without having to drift the front sight.
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