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RdrBill

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324 sorry.
 
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If you bought it you could share pictures. Bet that is a cool looking thing.
 
History: In a nutshell, Great Britain was in a world of hurt for firearms when WW II began. S&W was in bad financial shape from the Depression. The Brits approached S&W to design and build a new military rifle and paid them a one million dollar advance. S&W designed the rifle, actually a carbine, as a 9mm semiautomatic.

S&W could not get their design to work. After making a couple thousand of them, Great Britain declined to accept any more and demanded their money back. S&W had already spent it. They negotiated a deal in which the Brits accepted revolvers instead of their money back.

There are a few of them around in the hands of some members of this site and other advanced S&W collectors.
 
Work out the bugs, ditch the goofy magazine holder, give it a pistol grip, select fire, a collapsing wire stock, chamber it in .30 Carbine, get the weight down to about 7 lbs, and you'd have a nifty competitor to the M1 Carbine. Looks like it would of been ideal for tankers and vehicle crewmen.

smith_1940_diagram.jpg
 
I have been to a couple hundred gun shows and probably a thousand gun shops all over the country over the past 50 years. I have seen exactly one S&W 9mm Light Rifle.

I expect that a collector will fill a slot in his collection shortly with that one, at that price.
 
There are two of them in an upcoming auction at one of the biggest auction houses.
 
what was the reason for the magazine/covered ejector port?
 
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