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. "352" is visible on the bottom of the action, left side of grip frame, and both grip panels. Provenance: The Charles Marx Collection

Fine. The barrel retains 60% original brown finish, strong traces of original blue remain on the frame in the protected areas, and some original case colors remain on the hammer, with a smooth gray patina on the balance. The engraving is crisp. The grips are also fine with minor handling marks and most of the original varnish remaining. The lever does not stay up, otherwise the action functions properly.