Rock Island Auction Company

Lot 3062: Smith & Wesson No. 2 Lever Action Repeating Pistol

Auction Date: December 5, 2021

Very Scarce Smith & Wesson No. 2 Lever Action Repeating Pistol

Price Realized:
Estimated Price: $13,000 - $19,000

Very Scarce Smith & Wesson No. 2 Lever Action Repeating Pistol

Manufacturer: Smith & Wesson
Model: Volcanic
Type: Pistol
Gauge: 41 Volcanic
Barrel: 8 inch part octagon
Finish: blue
Grip: rosewood
Item Views: 281
Item Interest: Active
Serial Number:
Catalog Page: 58
Class: Antique

This No. 2, Type I, Lever Action Repeating Pistol was manufactured by Horace Smith and Daniel B. Wesson in Norwich Connecticut c. 1854. This pistol has an eight-inch, part-round/part-octagon barrel with integral, ten-shot, magazine. The distinctive Type I features which include: (1) receiver with pronounced hump behind the trigger, (2) flat, un-crowned, muzzle, and (3) flat T-bar spring. The receiver has the two spring guide screws at the bottom introduced about serial number 20. The loading lever has the distinctive finger spur. A fixed, screw-fastened, rear sight is mounted on the top of the receiver. The hammer has a hand-checkered spur. The flared butt has two-piece rosewood grips. The barrel has a brass, pinch-top, front sight and steel, clam-shell shaped, magazine follower. The top barrel flat is roll-stamped: "SMITH & WESSON/CAST-STEEL NORWICH CT, PATENT" in two lines. The serial number is stamped on the left side of the frame underneath the grips and written in pencil on the inside of both grips. The sides of and top of the receiver, back strap and side plates are decorated with the open, scroll-and-leaf, engraving that was standard on S&W lever action pistols. The barrel/magazine were originally browned and the receiver blued. The rosewood grips have a varnished, piano, finish. Smith & Wesson manufactured and estimated total of 500 large frame No. 2, Lever Action pistols including a small number with six-inch barrels. Type I, No. 2, Smith & Wesson pistols are rare. Provenance: The Milan J. Turk Collection

Rating Definition:

Very good. With the exception of the magazine follower which appears to be period replacement, this rare pistol is all original and retains traces of the blue and brown finish. The browned barrel has faded to a plum colored patina with some scattered age discoloration. Metal surfaces are smooth and the edges are sharp. The markings on the top flat are crisp. The receiver has a silver-gray patina with some scattered age spotting. The sides and top of the receiver are smooth and free from scratches and pitting. The simple but well executed factory engraving is crisp. The loading lever, trigger and hammer have the same silver gray patina as the receiver. The refinished flared grips retain most of the varnish finish and are in very good condition. This is a solid representative example of a scarce and historically significant S&W Type I, No. 2 Lever Action Repeating Pistol.

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