Volcanic No.1 Pocket Pistol (3,5 inch barrel - cal. .31)

The original 1848 Volition Repeating Rifle design by Hunt was revolutionary, introducing an early iteration of the lever action repeating mechanism and the tubular magazine still common today. However, Hunt's design was far from perfect, and only a couple of prototypes were developed; the only one known is currently in the Firearms Museum in Cody, Wyoming. Lewis Jennings patented an improved version of Hunt's design in 1849, and versions of the Jenning's patent design were built by Robbins & Lawrence Co. (under the direction of shop foreman Benjamin Tyler Henry) and sold by C. P. Dixon. Horace Smith was also hired by Courtlandt Palmer to improve the Jennings Rifle, patenting the Smith-Jennings in 1851. It is estimated that fewer than 2000 of these two models were made until 1852, when financial troubles ceased production.

In 1854, partners Horace Smith and Daniel B. Wesson joined with Courtlandt Palmer, the businessman who had purchased the Jennings and Smith-Jennings patent rights, and further improved on the operating mechanism, developing the Smith & Wesson Lever pistol, and a new Volcanic cartridge. Production was in the shop of Horace Smith in Norwich, Connecticut. The new cartridge improved upon the Hunt Rocket Ball with the addition of a primer. Originally using the name "Smith & Wesson Company", the name was changed to "Volcanic Repeating Arms Company" in 1855, with the addition of new investors, one of which was Oliver Winchester. The Volcanic Repeating Arms Company obtained all rights for the Volcanic designs (both rifle and pistol versions were in production by this time) as well as the ammunition, from the Smith & Wesson Company. Wesson remained as plant manager for 8 months before rejoining Smith to found the "Smith & Wesson Revolver Company" upon obtaining the licensing of the Rollin White rear loading cylinder patent.

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Volcanic No.1 Pocket Pistol (3,5 inch barrel - cal. .31)

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