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Henry Big Boy Steel H012M327 .327 Fed Mag 20″ Walnut

$1,050.13

Shoot .327 Federal Magnum and .32 H&R Magnum in one lever-action. The Henry Big Boy Steel H012M327 features a 20″ blued barrel, checkered walnut stock, and drilled/tapped receiver for optics—all at $937.62.

The Henry Big Boy Steel H012M327 in .327 Fed Mag with a 20″ barrel and walnut stock is a full-size lever-action that bridges the gap between light-recoiling plinking and legitimate field capability. Chambered for .327 Federal Magnum and compatible with .32 H&R Magnum, this rifle delivers factory velocities exceeding 1,700 fps from a 20-inch tube.

Manufacturer Henry Repeating Arms
Model Big Boy Steel H012M327
Material Blued steel receiver and barrel, checkered American walnut stock
Compatibility .327 Federal Magnum / .32 H&R Magnum (per manufacturer specs)
Finish Blued steel
Weight Approximately 7.0 lbs (per manufacturer specs)
Condition New

Key Features

  • Dual-Caliber Versatility: The H012M327 feeds and cycles both .327 Federal Magnum and .32 H&R Magnum. This means you can train with mild .32 H&R loads and step up to .327 for hunting—without swapping barrels.
  • Checkered Walnut Straight Grip: The American walnut stock is checkered at the wrist and forend, providing a secure purchase even with gloved hands. The straight grip design keeps your hand low for a more natural lever stroke.
  • 20″ Blued Barrel: The 20-inch barrel balances handling and velocity retention. With .327 Federal Magnum loads, you gain roughly 150-200 fps over a 16-inch carbine, pushing 100-grain bullets past 1,700 fps.
  • Drilled and Tapped Receiver: The receiver is factory-drilled and tapped for scope mounts. This allows you to mount a red dot or low-power variable optic for precise shot placement beyond 100 yards.
  • Full-Length Magazine Tube: The tubular magazine holds 7 rounds of .327 Federal Magnum or 8 rounds of .32 H&R Magnum. That’s a significant capacity advantage over single-shot or bolt-action hunting rifles.

Who It’s For

The Henry Big Boy Steel .327 Fed Mag is for the shooter who wants a lever-action that can handle everything from varmints to medium game without beating you up. It fits the handloader who appreciates the .327’s efficiency, the hunter who wants a flatter-shooting lever gun, and the collector who recognizes the .327 as one of the most versatile revolver/rifle pairings available.

Pros and Cons

  • Pros: Low recoil, dual-caliber compatibility, high capacity for a lever gun, drilled/tapped for optics, classic looks with modern performance.
  • Cons: .327 Federal Magnum ammunition is less common than .357 Mag or .44 Mag, and factory loads can be pricey. The 20″ barrel and steel receiver make it heavier than alloy-framed carbines.

Comparison: Henry Big Boy Steel .327 vs. Competitors

Feature Henry Big Boy Steel H012M327 Marlin 1894 CST .357 Mag Winchester Model 1873 .357 Mag
Caliber .327 Fed Mag / .32 H&R .357 Mag / .38 Spl .357 Mag / .38 Spl
Barrel Length 20″ 16.5″ 20″
Capacity 7+1 (.327) / 8+1 (.32) 9+1 (.38 Spl) 10+1 (.38 Spl)
Weight ~7.0 lbs ~6.5 lbs ~7.5 lbs
Optics Ready Drilled & tapped Drilled & tapped No (side-load only)
MSRP $937.62 $1,099 (est.) $1,299 (est.)

Frequently Asked Questions

What is the effective range of the Henry Big Boy Steel .327 Fed Mag?

With a 20″ barrel, the .327 Federal Magnum is effective on varmints and small game out to 150 yards. Using a 100-grain soft point, you can expect roughly 2 inches of drop at 150 yards with a 100-yard zero. For deer-sized game, keep shots inside 100 yards with proper bullet selection.

Can I shoot .32 H&R Magnum in the Henry Big Boy Steel H012M327?

Yes. The rifle is chambered for both .327 Federal Magnum and .32 H&R Magnum. Per Henry specifications, you can safely fire .32 H&R Magnum ammunition. .32 S&W Long and .32 S&W are not recommended due to case length differences.

Is the receiver drilled and tapped for scope mounts?

Yes. The receiver is factory-drilled and tapped for standard Weaver-style bases. Henry recommends using low-profile rings to maintain a proper cheek weld with the straight grip stock.

What is the twist rate of the 20″ barrel?

Per Henry specs, the twist rate is 1:16 inches, optimized for bullet weights between 85 and 115 grains. This stabilizes most factory .327 and .32 H&R loads.

Does the Henry Big Boy Steel .327 Fed Mag have a side gate for loading?

No. The H012M327 loads exclusively through the tubular magazine. There is no side loading gate. This is common on Henry steel-frame models.

Trust & Logistics

  • ✅ Nationwide delivery (all 50 states)
  • ✅ Ships 1-2 business days
  • ✅ 30-day returns
  • ✅ Secure checkout

Browse more lever-action rifles at Lever Action Rifles, or check out our Henry Rifles collection. For optics and mounts, see Rifle Scopes.

Last updated: April 2026

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SKU: LIP|HNH012M327 Category:
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