I believe I ended up with that rifle. And it is beautiful, thank you!
I have not shot it yet but that is mostly because I think I need to start reloading just for it. I would really appreciate any advice you might have on reloading or even factory ammunition for it (my understanding so far is that the American factory ammunition is loaded at safer pressures and should be okay as long as it is not all the time, so was thinking of using that to get a box of brass at a time in the beginning).
Kevin, that does look just like it is the one I sold. You should be fine shooting American made ammo in it and just so you know these 1894 model Krags are stronger than the earlier designed American .30-40 Model 1892 Krags! they also have an extra locking surface and were built from better steel apparently, the Americans choose to use heat treated plain steel while the Austrian and Norwegian/Danish makers used a higher grade of steel!
It uses a single front lug which, when locked, is in the downward position. A reinforcing guide rib on the right side of the bolt body serves as a second lug, not quite 90° from the first lug. The bolt handle also turns into the receiver and serves as another locking lug, although it is in line with the previous rib. So while this provides three points of contact it is all in the bottom/right quadrant of the bolt and therefore does not provide symmetrical locking like a Mauser but is still way better than the single locking surface of the USA Krags!
and as per Wikipedia -
Contrary to some rumors, the Krag-Jørgensen action can be modified to fire modern, high power cartridges. During World War II, and also in the early 1950s, several were produced in
7.92×57mm, which can hardly be considered a low power cartridge. A number of Krag-Jørgensens have also been converted to
.30-06 and
7.62 mm NATO for target shooting and hunting. However, it must be stressed that these were all late-production Norwegian Krag-Jørgensen rifles, made in an era when metallurgy was vastly more advanced than when the American Krag-Jørgensen rifles were made. The American Krag-Jørgensen also has only a single locking lug, whereas the Norwegian and Danish versions effectively had two lugs and a bolt handle safety lug.
But after saying all the above I would tend to load lower than what a Swedish Mauser can take just out of recognition that this example was made in 1897 and is a very hard rifle to replace if something went wrong!