Produced from 1924 to 1936, only 957 were sold. Fixed sights, with the two line address/patent dates on top of the slide, "SMITH & WESSON" on the left, caliber marking on the right, and the S&W logo and "MADE IN U.S.A." markings on the frame. Equipped with a middle finger grip safety and smooth walnut grips with gold S&W medallions.

Excellent, with 98% plus original blue finish, showing very light wear on the muzzle end of the slide, the right side of the trigger and a few handling marks. The grips are excellent with a few pressure dents and scratches. Mechanically excellent. An extremely nice, very rare S&W 32 Automatic pistol.