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  • Auction Catalog #89
  • Lot #268
Lot #267
Lot #269

Lot 268: S&W No.3, 1st Model American Revolver Serial Number 28

Rare and Documented Early Production Serial Number 28 "Oil Hole" Smith & Wesson No. 3 First Model American Single Action Revolver with Rare 7 Inch Barrel and Factory Letter

Auction Location: Rock Island, IL

Auction Date: August 25, 2023

Lot 268: S&W No.3, 1st Model American Revolver Serial Number 28

Rare and Documented Early Production Serial Number 28 "Oil Hole" Smith & Wesson No. 3 First Model American Single Action Revolver with Rare 7 Inch Barrel and Factory Letter

Auction Location: Rock Island, IL

Auction Date: August 25, 2023

Estimated Price: $5,500 - $7,500

Rare and Documented Early Production Serial Number 28 "Oil Hole" Smith & Wesson No. 3 First Model American Single Action Revolver with Rare 7 Inch Barrel and Factory Letter

Manufacturer: Smith & Wesson
Model: 3 American
Type: Revolver
Gauge: 44 S&W American
Barrel: 7 inch solid rib
Finish: blue
Grip: walnut
Stock:
Item Views: 963
Item Interest: Active
Serial Number:
Catalog Page: 232
Class: Antique
Description:

Manufactured from 1870 to 1872, this is a very early production Smith & Wesson No. 3, 1st Model American revolver with a low two digit serial number ("28"), and is one of approximately 8,000 revolvers. The No. 3, 1st Model American revolver was manufactured with a standard 8 inch barrel with 6 inch and 7 inch barrels being less common. This example has the rare 7 inch barrel, one of approximately 50-70 manufactured. The included factory letter confirms the 7 inch barrel, .44 S&W American caliber, blue finish, and smooth walnut grips. The revolver was shipped to Smith & Wesson's largest distributor, M.W. Robinson of New York City, as part of a 25 gun shipment on October 26, 1870. The revolver correctly has a vent hole (oil hole) in the rear extractor housing under barrel that was featured on the first 1,500 revolvers. The top of the barrel rib is stamped "SMITH & WESSON SPRINGFIELD MASS. U.S.A. PAT. JULY 10. 60. JAN. 17. FEB. 17. JULY 11. 65 & AUG. 24. 69" flanked by Maltese crosses. Pinned blade front and notch rear sights. The serial number is stamped on the butt with the assembly number "8A" stamped on the rear cylinder face, barrel latch and barrel. The right grip panel is numbered to the gun with the backs of both grips hand marked "PXM". The revolver is pictured in John Parsons' "Smith & Wesson Revolvers" on page 76. Provenance: The Waye Kramer Collection; The Louis Steadman Collection; The David Carroll Collection; Property of a Gentleman

Rating Definition:

Good. The revolver has a mottled gray patina with some scattered minor pitting. The firing pin on the hammer has been polished. The grips are fair showing wear consistent to the rest of the revolver with some overall pressure dents and scratches. Mechanically excellent. Overall a rare possibly first day production Smith & Wesson No. 3 American.



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