It sounds thru your description that you have a Winchester model 1885 high wall,or low wall single shot rifle.The 32 Winchester caliber marking indicates that it was chambered in the caliber 32-20 Win.caliber.Your serial number indicates that your rifle was made in the year 1887.without giving a detailed description of the rifles overall condition;including the amount of original finish remaining.I could only say that the range of value would be between 400-1,500 dollars or more if the right individual came along.
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