I'm curious as to whether anyone has tried lead bullets in a sabot?
Absolutely. You can even find them marketed as a bullet/sabot pair from Thompson/Center as the "Cheap Shot". .50 caliber sabot with a .45 240 gr. lead bullet.
They perform quite well out of rifles shooting black powder and its substitutes. I do not think the sabot is rated for the pressures of the smokeless rifles, but they may be.
Wanne see a pic of what they do to a deer?
Harvester may still package a sabot/lead bullet combo under the Scorpion trade name.
As far as the Lyman, what model and twist rate?
As stated above, my 1 in 48 will handle saboted 240 grain bullets well.
The 1 in 66 Great Plains would probably have problems.
The 1 in 32 (??) Great Plains Hunter ought to be good to go.
Edited to repeat - just match the bullet diameter to the ID of the sabot. e.g. 50/44 sabots for .44's, 50/45's for .45's. I am not aware of any 50 cal. sabot that would accommodate your .458 bullets. Not much room left for plastic in a 50 cal barrel.