I guess the "E.W." to be one of the Wagner barrel making boys like Edmund Wagner(Zella St. Blasii or Zella-Mehlis) or Ernst Fritz Wagner of Ernst Fritz Wagner & Company, Suhl. But there was also E. Wahl of the Wahl boys who were master gunsmiths in Zella St. Blasii/Zella Mehlis). Caspar Schlegelmilch, a gun barrel maker in Suhl worked for Ernst Wilhelm Schlegelmilch but I don't think Schlegelmilch would have used his first 2 initials. Too many solutions for not enough equations.

I think the "480" to be Mauser's original number.

Kind Regards,

Raimey
rse