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The 441 came from information in a auction listing, however I see elsware that it is military rifles, nothing to do with the civilian 1874
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I would strongly recommend you invest in a copy of Frank Sellers' volume, titled Sharps Firearms. You will find a wealth of knowledge in the book, and since you will be fortunate enough to own two, you will enjoy being able to converse about them with some measure of authority.
A true Business rifle will be so marked: "BUSINESS 40" (or 45). As noted in posts above, variations on the Business rifle were quite rare. Especially 30" octagon barrels (though they did exist, and so did schnabel forearms, and so did 50 caliber).
The factory moved to Bridgeport, CT in 1876, and this is a Bridgeport made gun, and (lacking the "BUSINESS 40" stamp), a Sporting Rifle.
You have a very fine rifle. One that will increase in value exponentially over the years to come. Should the fact that it belonged to your Grandfather mean more to you than any money in the world, your deep personal enjoyment of it will repeatedly prove your sentimental estimate of its value (priceless) soundly correct.
I would certainly not term this gun to be in "poor" condition, and the worst sacrilege would be to attempt to "spruce it up" by polishing off the rust and such. A light coat of oil with a soft rag will preserve the visible history on this gun in a righteous and respectful fashion. The honest wear it shows is a significant part of its character and value.
I just shot Joe off an email. Thanks for the recommendation