Manufactured circa 1860-68 with this example featuring New York scroll engraving. Among the scrollwork on the cylinder is a shield, there is a starburst behind the hammer, and the back strap and butt feature an entwining line motif. Includes the rarely encountered S&W "Stand of Flags" gutta percha case. The case features an empty 56 count cartridge block and red wine velvet lid lining. Only 5,000 gutta percha cases are said to have been made for Smith & Wesson. Most of these were made by Littlefield, Parsons & Co, who also made similar cases for daguerreotypes. These "special" cases were popular during the second half of the 19th Century and were usually used for fancy or presentation guns. They were special ordered or added by the distributor after shipment from the factory. These were generally found with the Model 1, 1st and 2nd Issue revolvers. The "Stand of Flags" is one of two types of gutta percha cases commonly recognized, and out of these two case styles, the "Stand of Flags" is the rarest.

Very fine as period New York engraved, retaining 90% plus nickel plating and crisp engraving. There is a chip on the bottom of the left panel, otherwise the grips are fine with attractive grain and color. The case is very good with a couple hairline cracks, some edge chipping including on the cartridge block, a couple chips on the exterior, typical high spot wear on the lining, and crisp relief markings. The delicate nature of these cases meant that many did not survive. The "Stand of Flags" case is an accessory often missing from even the most advanced S&W collections.