Both of my Custom Grades say CUSTOM BUILT BY WINCHESTER. One from Winchester Repeating Arms and one from USRA. The one from Winchester was ordered by someone and has his name on it. The one from USRA only says Custom Built By Winchester. But this is not unusual. Winchester engraved their barrels so they said CUSTOM BUILT BY WINCHESTER until 1981 when they sold out. And USRA used the barrels they bought from Winchester for a few years. If I remember correctly, when the first 21s came out in 1983 that were completely built by USRA, they dropped the word "BY". This is why there is so much mishy mashy trying to figure out these guns.