Both Chiappa/Armi Sport and Pedersoli are now making 1886's.
I have one of the Chiappa's, and it is really nicely made, without the lawyer mandated tang safety and rebounding hammer that the new Winchesters have.
Prarie Gun Traders, one of our sponsors, lists them at $999.99, a fantastic price. (Doc Rowlands wants $1595 or something crazy like that)
The Pedersoli version is described by them as a 71/86, really a model 71 in 45-70, with a pistol grip and half mag. I don't know who other than Doc Rowlands is carrying them yet, but you can expect his prices to be higher than what others will be charging, once they get stock in.