Balkan Rifle Mechanism Translation

[TVV]

I sometimes envy my friends in Bulgaria, because every once in a while they get to find cool stuff in old houses, such as this Balkan long rifle of somewhat small proprotions. After cleaning, an inscription was revealed on the outside of the frizzen. The year seems to be 124?, but if someone can help translate the rest of the inscriptions, it will be much appreciated.

Thanks in advance,
Teodor