SOLD
18,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2012 Sep 07 @ 10:37UTC-5 : EST/CDT
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Estimate: $25000 - 40000
Predecessor to the more frequently encountered brass frame "volcanic", this is a rare example of the 8 inch barrel 38 caliber "lever action magazine pistol" manufactured by Smith & Wesson Repeating Arms Company which began manufacturing in 1854. The company would be reorganized a year later, 1855, as the Volcanic Repeating Arms Company and the rest is history. Smith & Wesson focused their efforts to design and produce a pistol that could fire the self contained metallic cartridge using Rollin Whites bored through cylinder. While the Volcanic Repeating Arms Company would become the subsequent birth of the Winchester Repeating Rifle Company. Relatively little information is known about the total number produced though some estimates suggest as few as 500. These pistols were made in two types, a large frame with 8 inch barrel and a small frame with a 4 inch barrel. The pistol has a part octagon barrel, (the rear 3 1/4 inches), with front-loading integral magazine. The pistol has an iron frame and loading lever with round ring hole. The barrel has a pinched steel front sight blade and the rear sight is an iron "v" notch attached to the top of the frame with a screw. The top barrel flat is marked "SMITH & WESSON/NORWICH CT/CAST-STEEL" and behind that "PATENT". The sides of the receiver are decorated in the typical volcanic pattern with large open scroll engraving and the top of the receiver features an engraved leaf motif, front and rear of the ejector port. The serial number, "117", is stamped on the lower left side of the frame underneath the grip and written in pencil on the inside of each grip panel. Fitted with smooth varnished rosewood grips.
BBL: 8 inch part octagon
Stock:
Gauge: 38
Finish: blue
Grips: rosewood
Serial Number: 117
Condition: Very good. The barrel, magazine and lever have a dark mottled patina with some moderate pitting on the barrel and magazine, and a small amount of minor pitting on the lever. The frame and hammer have a mottled gray patina with some minor pitting. The grips are fine showing some wear on the lower edges, a small chip on the left toe and heel, a couple of minor cracks on the right panel and overall a few minor dents and handling marks. When using the lever the hammer does not remain in the cocked position, when done manually it does. The engraving and markings are clear. An extremely rare and desirable Smith & Wesson in the scarce long barrel.
More Information
Auction Location:
7819 42nd St West, Rock Island, Illinois, 61201, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20.5% |
Additional Fees:
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Payment Information: Auction sales are strictly for cash, cashier’s check or checks (with prior approval of the management), MasterCard, Visa or Discover. NOTE TO ALL BUYERS: Method of payment will be U.S. currency or certified check drawn on an American bank. All sales are final at the fall of the Auctioneer's hammer. Buyer’s Premium: All bid prices “hammer prices” (means the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium payable by the purchaser of 19.5% of the bid price. There is a 2.5% discount for payment with cash, approved check or wire transfer. The premium is added to your successful bid and the two together equal the total purchase price. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. This purchase is subject to all the terms and conditions set forth herein. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. The purchaser further agrees to pay the purchase price, buyer’s premium and any applicable taxes before any lot may be transferred. All items purchased by successful bidders must be paid for in full the day of sale. All items purchased by absentee bidders must be paid for in full immediately upon notification.
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Terms & Conditions > Premiere Auction
1. TERMS & CONDITIONS OF SALE. The following conditions of sale make up the entire terms and conditions on which items listed in our catalog, on the internet web site and addendum sheets will be offered for sale or sold by Rock Island Auction Company (known hereafter as “RIAC”). All bidders who participate by bidding in this auction agree to the terms and condition of sale and agree to be bound by same. Any notices, posted or oral during the sale, are also part of our condition of sale agreement. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions of sale. The purchaser’s rights and our respective rights and obligations hereunder are governed by Illinois law. By bidding at our auction whether in person or by agent, sealed bid, telephone bid, via the internet or other means, the buyer or bidder agree that the contract created by these conditions of sale is made and performed in the County of Rock Island, State of Illinois and further agrees that should any dispute arise from this contract the sole and exclusive jurisdiction for contractual disputes is Rock Island County. Auctioneer is not responsible for any errors of the buyer including but not limited to the buyer bidding on the wrong lot.
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4. TERMS OF PAYMENT. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. All sales are final at the fall of the Auctioneer’s hammer or at the announcement of “sold”. This purchase is subject to all the terms and conditions set forth herein. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. The purchaser further agrees to pay the purchase price, buyer’s premium and any applicable taxes. All items purchased by successful bidders must be paid for in full the day of sale. All property must be removed from our premises at the purchaser’s expense no later than 5:00 p.m. five days following the date of sale unless otherwise agreed. If the property is not removed, it may be transferred to a public warehouse for the purchaser at the purchaser’s risk and expense.
Each purchaser at this auction grants us a security in the property purchased. We may retain as collateral security for the purchaser’s obligations to us any of the purchaser’s property and all monies held or received by us. We may apply against such obligations monies held or received by us for the account of, or owing to, the purchaser. We retain all rights of a secured party under the Illinois Commercial Code. Whenever the purchaser pays only a part of the total price for one or more lots purchased, we may apply such payments, at our sole discretion, to the lot or lots we choose. Payment will not be deemed made in full until we have collected all amounts due in cash on good funds (by our definition). If the conditions of sale are not complied with, in addition to remedies available to us and the consignor by law, we hold the purchaser liable for the purchase price, 15% buyers premium, and applicable sales tax, we at our option may either (1) cancel the sale, retain as liquidated damages all payments made by the purchaser or (2) resell the property either publicly or privately, and in such an event the purchaser shall be liable for the payment of any deficiency plus all costs and expenses of both sales and our commission at our standard rates. The purchaser is also responsible for all other charges due hereunder attorney’s fees and incidental damages, etc.
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DISPUTES UNDER THIS CONTRACT
Buyer and RIAC agree to mediate any dispute or claim arising between them resulting from the buyer participating in the auction or any resulting transaction. Furthermore the buyer and RIAC agree should Mediation be necessary that Mediation fees if any will borne equally by the parties. Buyer and RIAC are required under the terms and condition of sale to enter into Mediation before arbitration or any court action. Should a party commence legal action other than Mediation without giving written notice to the other party that party will not be entitled to recover attorney’s fees even if they would otherwise be allowed to that party in the action. All mediation, arbitration and court proceedings, whether in state or federal court, shall be filed and conducted solely within Rock Island County, State of Illinois, and not in any other jurisdiction.
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Limitation of Liability. Except as expressly provided above, all property is sold “as is”. Rock Island Auction Company nor the consignor makes any representation or warranty, express or implied, as to the title, merchantability, fitness or condition of the property or as to the correctness of description, genuineness, attribution, provenance or period of the property or as to whether the purchaser acquires any copyrights or other intellectual property rights in lots sold or as to whether a work of art is subject to the artist’s moral rights or other residual rights of the artist. All firearms and ammunition are sold as collector lots only. fitness to fire or otherwise discharge the arm or ammunition is expressly denied by rock island auction company. a competent gunsmith should be consulted before attempting to use or fire any firearm or ammunition. the purchaser expressly acknowledges and agrees that in no event shall Rock island auction company be liable for any damages including without limitation any compensatory, incidental or consequential damages.
3/14/2012 8:56:55 AM