This very scarce early repeating pistol is one of approximately 1,200 No. 1 pistols that were manufactured by Horace Smith and Daniel B. Wesson in Norwich, Connecticut, in 1854 and 1855. They are historically significant pieces for both Smith & Wesson and Winchester collectors as they marked Smith and Wesson's first business venture and are key pieces in the evolution of lever action firearms which developed into the famous Henry rifle and then Winchester's famous line of lever actions. The barrel has "CAST-STEEL" (right), "SMITH & WESSON/NORWICH. CT." (top) and "PATENT/FEB. 14. 1854." (left). Factory floral and scroll engraving is featured on the frame, side plates, and hammer. "270" is visible on the bottom of the action and is marked on the backside of both grips and the left side of the frame under the grip. An "H" is also marked lower on the left side of the frame. Includes an old custom wood case with the original magazine spring and a rocket ball.

Fine with traces of original blue finish and mostly dark brown patina, mild pitting, and generally mild overall wear. The grips are also fine with a faint hairline crack in the left panel, minor scratches, and light handling wear. Mechanically fine. The case is good with moderate wear.