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Just looking at my book the 54 was designed to shoot the 7x61 Sharp and hart cartridge, rear locking, they stopped making them in 1957 and the model 60 ran from then until 1960 when the model 65 was introduced with some major internal improvements this ran until 1967 when it was replaced by the 680L.
I'll have to see if I can find out what the internal improvement are then, these rifles are in two useable calibres anyway, ones 30-06 the other .270.
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