This is one of only an estimated 850 Volcanic No. 1 lever action pocket pistols manufactured with a 3 1/2 inch barrel by the New Haven Arms Company in New Haven, Connecticut c. 1857-1862, per "Volcanic Firearms" (2011) by Lewis and Rutter, page 73. It has a non-engraved frame which is considered rarer. As Lewis and Rutter pointed out, "Engraved sideplates and frame were much more common on the small-frame pistol than were plain, polished frames even though the extra cost of engraving and plating was $1.50. Plain frames are very uncommon" (page 73). Volcanic firearms are historically significant and represent an important step in the development of American repeating firearms and self-contained cartridges. The lever action and integral spring-loaded magazine introduced with Volcanic pistols and carbines served as the basic design for the Henry rifle and the Winchester Model 1866, 1873 and 1876 rifles. Oliver Winchester's investment in the Volcanic Repeating Arms Company eventually led to the establishment of the Winchester Repeating Arms Company. The barrel is fitted with a pinched blade front sight and a simple notched rear sight is mounted in a dovetail on the frame. The two-line address "NEW HAVEN CONN./PATENT FEB. 14. 1854." is roll-stamped on top of the barrel. The deletion of "VOLCANIC" from the barrel legend occurred after Oliver Winchester formed the New Haven Arms Company on May 1, 1857. The serial number "36" appears on the right side of the lever, left side of the grip frame and on the back of the left grip panel.

Fine, retains 60% plus original blue finish on the barrel with scattered freckling on the balance, attractive naturally aged untouched golden patina on the brass with tight sideplate joints, with much of the niter blue finish on the cartridge elevator, smooth gray and brown patina on the hammer and lever, with a crisp barrel address and distinct edges in the metal overall. Grips are very fine with most of the original piano varnish finish, some minor surface flaking along the lower edges, scattered light dents and scratches, defined edges and tight fitment. Mechanically excellent.