I have a 54 action that I bought years ago for $75 bucks. Its in 30-30 and was made in 1928. OK now on to the stuff you need to know. First off the bolt handle will need to be altered to allow the use of telescopic sights. I had mine done a long time back by Griffen & Howe in new york. Second my action was factory drilled for both iron sights and scope mounts. And third, redfield made or makes a one piece base for this rifle. Check w/Brownelles tech support to see if its still available. If you do go ahead and have the bolt handle altered, a model 70 type bolt handle will look good. When I bought my 54, the dealer had a barrel full of the barreled actions. Supposedly these came in from south america and were very popular in the 30-30 caliber. The bore on my barrel was totally rusted, corroded, and very little rifling was present. Hope this helps in your quest. Frank