Or it could have remained in factory inventory for years after assembly before it shipped. Not unusual during the Great Depression. But the SN would place it as shipping sometime in the 1930s. Manufacturing dates cannot be determined with any precision. Shipping dates can if you want to pay the price for a historical letter.
All true!
Then again, letters tell you more than ship dates. They tell you to whom the item was shipped. Being just a bit over the top, and around the bend, I lettered every single gun in my collection---thought of the letters as the frosting on the cake.
Then there was this one very spiffy 22/40. Now I already had a 22/40, but this one was better-----A LOT better---and it was going home with me---no matter what---and it did---for $3700----a damn good price by the way---never mind anything else.
Along comes the letter. It said the usual stuff, right up until it got down to telling you about the shipping. This one was different---A LOT different!!
"We have researched your Smith & Wesson K-22 Masterpiece Model of 1940 or K-22 Second Model, caliber .22 Long Rifle in company records which indicate that your handgun--------------------was shipped from our factory on March 21, 1940, and delivered to Mr. Philip B. Sharpe, South Portland, ME----------This revolver was shipped on an advertising account at no charge to Mr. Sharpe. This is a very important revolver."
Then it said, "We trust that the information furnished will be helpful and of interest." Well, yeah---sort of----mostly it almost caused me to wet my pants!! The bad news here, more sad than bad, is the fellow I bought this gun from had owned it for TEN YEARS---and never lettered it.
Time passed, and I got old--even older---and decided it'd be best to leave behind a pile of money instead of a pile of guns. Then I called David Carroll, and asked him to "Come get this stuff and dump it." He did and he did. He dumped this one with one phone call---a rather brief phone call. Then he sent a check to me. It was a BIG one!
"Sometimes you eat the bear, and sometimes the bear eats you!" This was one of those times when you had bear steak for supper----with ALL the trimmings!
I am always amused, more like irritated when I see folks asking if such and such gun is worth lettering. The answer to that question goes like this: You won't know the answer until AFTER you get the letter!
The real answer is ALL the guns are worth lettering--and some of them are worth more than others---and some of them are worth A LOT more than others!!
S&W gave away A LOT of guns---some as thanks-----some to curry favor----some because it seemed like a good idea at the time. Quite possibly the very first gun they gave to Sharpe was a 38-44 Outdoorsman---to use as a test bed during his development of the 357 Magnum cartridge. What may have been the second one was Registered Magnum #2. Who knows how many others went there, and to myriad other folks along the way---before and after-------and to this day. The factory records know. Letters tell you what the factory records know----and those letters are the only game in town!!
Ralph Tremaine