I think it was a term used for rifles produced by impoverished German gunsmiths post WWII built on sporterized surplus 98 actions, that they would sell/trade to GIs for "cigarettes", or other goods, or a few dollars to survive. Generally not particularly high quality.
I'm looking at a post from 2018 where you were looking for a lefty Winchester in .375 H&H Magnum. I'm selling mine. My email is [redacted] in the event that you're still searching for a unicorn.
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