Smith & Wesson Pre-Model 29 — 5-Screw .44 Magnum | First-Year 1956 | Factory Letter, Case & Papers | S165753

$4,500.00

UPC: USEDREVOLVER

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Ships to an FFL where required.
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A first-year 1956 example of Smith & Wesson’s most historically significant revolver — built on the original 5-screw N-frame, 6½″ pinned blued barrel, recessed cylinder, with the original period-correct black leatherette presentation case and a Smith & Wesson Historical Foundation factory letter under serial S165753. Immaculate condition. The .44 Magnum cartridge was announced to the public on January 19, 1956 at $140 retail; this gun is part of that small first-year cohort that introduced the most powerful production handgun the world had ever seen. A documented, lettered, cased first-year Pre-29 is one of the most collectible American revolvers a serious shooter or collector can own.

Description

The headline — this is a first-year .44 Magnum

Smith & Wesson completed the first production .44 Magnum revolver on December 15, 1955 (serial S130927, shipped to Walter Sanborn in the S&W Sales Department to develop the advertising campaign). Serial S130806 went to R.H. Coleman at Remington Arms on December 29. The .44 Magnum cartridge was officially announced to the public January 19, 1956, at $140 retail — roughly $1,700 in today’s dollars. [Wikipedia: .44 Magnum]

What followed was the cartridge that would, fifteen years later, become a household name through Dirty Harry, and the gun design that — through various generations — would remain in continuous S&W production for 43 years.

This revolver is part of that small first-year cohort. Serial S165753, manufactured 1956, with a Smith & Wesson Historical Foundation factory letter and the original period-correct presentation case. A documented, lettered, cased first-year Pre-29 in immaculate condition is one of the most collectible American revolvers a serious collector or shooter can own.


Why a first-year Pre-29 matters

The Pre-Model 29 is the era of S&W’s .44 Magnum before the factory began stamping “MODEL 29” on the frame — a designation that didn’t appear until the second half of 1957. Across the entire pre-stamping era, S&W built only about 6,500 Pre-Model 29 revolvers on the 5-screw N-frame. The first-year (1956) examples are the most desirable subset of an already-collectible series. [American Rifleman]

The collector wisdom is straightforward: “The early Model 29s from before 1958 are what collectors really want. Collectors and shooters alike are deeply passionate about the early ‘Pre-Model 29’ .44 Magnum N-frames… the early revolvers sell for double or triple what a later sample brings.” [S&W Forum: best Model 29 variants]


Design features — what makes a Pre-29 a Pre-29

This gun carries all of the design hallmarks that define early N-frame .44 Magnum collecting:

  • 5-screw N-frame. Four sideplate screws plus the trigger guard screw — the original .44 Magnum frame tooling. S&W reduced the count to three sideplate screws (the “5-to-4 screw transition”) in the summer of 1957 around serial S170000. S165753 is comfortably inside the 5-screw range. Per S&W historian Roy Jinks, the very earliest .44 Magnum frames were assembled in part from frames originally built for the discontinued .45 Target model of 1955 — S&W using what it had on hand to build the first revolvers in this radical new cartridge. [S&W Forum: 44 Magnum history]
  • Pinned barrel. The barrel is screwed in and secured by a small pin driven through the frame and a notch in the barrel shank. A defining feature of early S&W revolvers, eliminated in the 1980s. [Wikipedia]
  • Recessed cylinder. The rear of each bored cylinder chamber is counter-bored so the cartridge rims are fully enclosed by the cylinder face when loaded — a magnum-cartridge safety feature, also eliminated in the 1980s.
  • Hand-fitted, super-grade construction. Pre-1958 Model 29s were assembled with meticulous attention to detail; tolerances are tighter and the action is generally smoother than later production.
  • Red-ramp front sight, white-outline adjustable rear. The .44 Magnum was the first Smith & Wesson revolver to feature what became the standard target sight setup that defined N-frame revolvers for decades.
  • 6½″ ribbed barrel. The catalog barrel for the first 500 production guns and the standard configuration across all 5-screw production.

Factory letter — in hand, shipping with the gun

The revolver is accompanied by a Smith & Wesson Historical Foundation factory letter for serial S165753, documenting the original 1956 ship date and as-configured specifications. Historical Foundation letters are the gold standard of provenance documentation for collectible S&W revolvers — they confirm a gun’s original configuration from S&W’s own records, signed by the company historian.

S&W charges $50 for these letters with an 8–12 week turnaround. The S165753 letter is in hand and ships with the gun. No wait, no risk of S&W records being incomplete.

(If buyer would like to see the letter scanned prior to purchase, please contact us — we are happy to email a full scan.)


The original presentation case — the correct case for 1956

The gun ships in its original factory presentation case — the correct, period-appropriate black leatherette-covered cardboard case that S&W used through 1957.

This case detail matters more than most buyers realize. S&W did not introduce the first mahogany Type 1 presentation cases until late 1958; those were used sparingly through May 1960 before being replaced by the Type 2 mahogany clamshell that most collectors picture. A mahogany case on a 1956 Pre-29 is wrong — the gun would have shipped in the black leatherette case you see with this one. Substituting a later, “nicer-looking” mahogany case (or a reproduction) would be a value-destroying mistake on a first-year gun. [S&W Forum: Type 1 mahogany case timing]


Condition — immaculate

  • Overall: Immaculate. Exceptional for a 70-year-old revolver.
  • Bluing: Deep, even, factory finish across all surfaces. No holster wear, no bluing loss on the high points, no thinning at the muzzle or cylinder.
  • Bore: Excellent. Sharp rifling.
  • Action / lockup: Tight; correct factory timing; smooth double action.
  • Grips: Sharp checkering on the original S&W stocks.
  • Cylinder: Normal carry-up; expected light drag line for a gun of this age, not a value deduction.
  • Top strap: Light, self-limiting flame cutting typical of any .44 Magnum that has been fired — universal to the platform, expected, and not a flaw. [S&W Forum: top strap cutting on N-frame Magnums]
  • Presentation case: Original period-correct black leatherette over cardboard.

Complete specifications

Manufacturer Smith & Wesson, Springfield, Massachusetts
Model designation Pre-Model 29 (built before official Model 29 stamping began in mid-1957)
Serial number S165753
Year of manufacture 1956 (first year of production)
Frame N-frame, 5-screw configuration (four sideplate screws plus trigger guard screw)
Caliber .44 Remington Magnum (cylinder also accepts .44 Special)
Capacity 6 rounds
Action Double action / single action
Barrel length 6½ inches (standard catalog configuration)
Barrel features Pinned barrel, ribbed profile
Cylinder Recessed (countersunk chamber rims)
Finish Factory blue (original)
Front sight Ramp, factory
Rear sight Adjustable target
Stocks Checkered S&W factory stocks
Condition rating Immaculate
Provenance S&W Historical Foundation factory letter + original presentation case

What’s included

  • ✦  The revolver (S165753, 1956 first-year Pre-Model 29 .44 Magnum, 5-screw, 6½″ blued)
  • ✦  Original period-correct factory presentation case (black leatherette over cardboard, 1956 configuration)
  • ✦  Smith & Wesson Historical Foundation factory letter under serial S165753

Historical context — what S&W was doing in 1956

The story of how this gun came to exist is one of the great chapters of American firearms history.

Through the 1920s, 30s, and 40s, writer and hunting guide Elmer Keith spent years pushing the .44 Special cartridge to its limits with heavy bullets and stout powder charges. His experiments — sometimes in custom revolvers, sometimes in production guns held together more by tradition than engineering — proved that a longer, stronger case could safely contain much higher pressures and deliver true hunting performance from a revolver. [RIA: Elmer Keith and the .44 Magnum]

In the early 1950s Keith made the pitch to Smith & Wesson president Carl Hellstrom and Remington Arms. Hellstrom is reported to have told Keith at the S&W plant that he “could wrap a fine gun around any load Remington would produce.” Remington engineered a new case — 0.125″ longer than the .44 Special, both to safely contain the much higher pressures and to prevent accidental chambering of the magnum round in older, weaker .44 Special revolvers — and S&W built the N-frame revolver around it.

The first production gun was completed December 15, 1955 (serial S130927, to Walter Sanborn in the S&W Sales Department to develop the advertising). The cartridge was announced to the public January 19, 1956. The Model 29 designation itself wouldn’t come until mid-1957. [.44 Magnum history]

One sidebar of trivia worth knowing: Sturm Ruger actually beat S&W to market with the .44 Magnum cartridge by several months in 1956. Ruger, working from publicly available cartridge data and a leaked specimen, brought out the .44 Magnum Blackhawk single-action before the gun S&W designed the cartridge for could ship in volume. Both guns are foundational, but the S&W is the one Keith and Hellstrom and Remington designed the whole project around.

S165753 is a part of that first-year story. A gun built when S&W’s customers were still discovering what the cartridge could do, when “magnum revolver” still meant something new and uncertain, and when no one yet knew that fifteen years later Clint Eastwood would make the Model 29 the most famous handgun in the world.


The Dirty Harry connection (worth knowing, even if it’s not this gun)

Fifteen years after this gun was built, the .44 Magnum N-frame — by then officially called the Model 29 — became the most famous handgun in American cinema. John Milius’s original Dirty Harry script (September 23, 1970 draft) specified a 4-inch nickel Model 29. The configuration was already so rare that S&W — working directly with Warner Bros. through factory rep Bob Sauer — had to assemble two guns from spare parts at the plant just to supply the production, and the only parts on hand were 6½″ blued. Eastwood’s screen gun is a 6½″ blued Model 29 cobbled together from parts. [IMFDB: Dirty Harry]

S165753 is the same N-frame design Eastwood carried — built fifteen years earlier, in the first year of production, in the standard 6½″ configuration that the studio ended up filming with anyway.


Market context

Blue Book baseline for a 5-screw Pre-29 (blued) runs from approximately $1,550 (80%) to $2,500 (100%). [Blue Book] Those baseline figures do not assume a factory letter, do not assume an original presentation case, and do not assume first-year manufacture — all three of which compound for serious collectors.

Direct realized comp: LSB Auctions sold a first-year 1956 5-screw Pre-29 with 6½″ barrel and presentation case for $6,545. [LSB Auctions]

General market reference: truegunvalue’s 2026 update places the average used 5-screw Pre-29 in the $2,500–$4,000 range; first-year letter-documented examples in immaculate condition trade above that, as the LSB realized comp confirms. [Cash for Arms 2026 update]

Asking: $4,500. A factory-lettered, original-case, immaculate first-year 1956 Pre-29 with a properly documented provenance is rarer than a typical Blue Book entry suggests, and positioned below the LSB realized comp for a like example. Hard to fault as a buy.


Why this gun matters

A 1956 Pre-29 is a piece of American firearms history. It is a first-year example of the gun that introduced the most powerful production handgun cartridge in the world at the time it was sold — the cartridge that Elmer Keith spent decades arguing for, that Carl Hellstrom and Remington built around his ideas, that Walter Sanborn took to market in advertising, that Bill Jordan and a generation of working lawmen learned to respect, and that eventually became the cartridge of cinema’s most famous revolver.

The .44 Magnum has been in continuous production in one variant or another for nearly 70 years. Of those, the first year (1956) is the smallest cohort, the most desirable, and the one with the strongest correlation between condition and price. This one is immaculate, lettered, cased, and properly preserved.


Ordering

Ships to your FFL. Colorado residents may pick up in-store at our Steamboat Springs location. Call (970) 879-2210 or contact us with any questions. We’re happy to scan the factory letter for serious buyers prior to purchase and to send additional close-up photos on request.


Sources & references

Primary documentation (in our possession, available for inspection)

  • Smith & Wesson Historical Foundation factory letter for S165753 — available on request

Editorial / historical

Collector authority

Books standard to S&W collecting

  • Jim Supica & Richard Nahas, Standard Catalog of Smith & Wesson, 5th ed.
  • Roy G. Jinks, History of Smith & Wesson
  • Bill Cross & Roy Jinks, The Smith & Wesson 44 Magnum (Vintage American Treasures Series, 2026)
  • Bill Cross & Bob Radaker, Smith & Wesson’s .44 Magnum, The Model 29 (Smith & Wesson Collectors Association, 2003)

Valuation references

Specs

Additional information

UPC

USEDREVOLVER

Availability

In Steamboat Now